00:00Can we really trust carbon credits to fight climate change?
00:03Or are we just getting greenwashed?
00:05The EU is bringing back carbon credits to hit its 2040 climate goals.
00:10But after years of greenwashing scandals and false claims,
00:13trust in the system is shaky.
00:15That's where carbon rating agencies step in.
00:18But Zero Carbon, a UK-based startup,
00:20rates carbon credits just like financial agencies rate bonds.
00:24Their mission?
00:25To answer one critical question,
00:27does this credit actually offset one ton of carbon?
00:31With more countries eyeing global carbon markets,
00:34including China, Brazil, and the EU,
00:36the stakes have never been higher.
00:39But here's the catch.
00:40Not all credits are created equal.
00:42Some are based on clean energy projects.
00:45Others depend on protecting forests or using carbon capture tech.
00:49The problem?
00:50You can't always measure what would have happened without the project.
00:53That's why rating agencies like Bezero dig deep,
00:56using public data, satellite imagery,
00:58and project-level audits to separate real impact from greenwashing.
01:02But as cheap credits risk lowering carbon prices,
01:05there's a tough balance ahead.
01:07Keep incentives high for local decarbonization
01:10while opening the door to international offsets.
01:13So, are carbon rating agencies the watchdogs we need?
01:16Or is the system still too flawed to trust?
01:19One thing's clear.
01:20Without transparency,
01:21the world's carbon market could turn into climate theater.
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