Green Pulse Ep 53: Carbon offsets: Are they credit-able? (Part 1) 15:00 mins Synopsis: Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change. Carbon credits have been around for many years, but they have recently gained traction amid the global decarbonisation effort. Such credits, or offsets, essentially allow emitters to pay others to reduce emissions on their behalf. But how credible are such schemes? What are the benefits and potential pitfalls of relying on carbon credits to slash the amount of planet-warming emissions being emitted into the atmosphere? Do they give companies a license to continue emitting? In the first of a two-part series on carbon credits, The Straits Times environment correspondent Audrey Tan and climate change editor David Fogarty discuss the issue with Professor Koh Lian Pin, head of the Centre for Nature-based Climate Solutions at the National University of Singapore. They discuss the following points: What are the sources of carbon credits? (1:09) Singapore plans to set up a marketplace for “high quality” carbon credits later this year. What exactly does “high quality” mean? (2:36) What does the term “additionality” mean? (3:48) Why are standards important? (6:13) What is the track record of other carbon credit projects? (8:28) Why carbon credits from nature-based climate solutions are important. (11:22) Do carbon credits give emitters the license to continue polluting? (12:20) Listen to Pt 2: How carbon credits can help save tropical forests: https://omny.fm/shows/green-pulse-1/how-carbon-credits-can-help-save-tropical-forests Published Jul 19, 2021 12:00 AM Produced by: Audrey Tan (email@example.com), David Fogarty (firstname.lastname@example.org), Ernest Luis & Adam Azlee Edited by: Hadyu Rahim Subscribe to Green Pulse Podcast series and rate us on your favourite audio apps: Channel: https://str.sg/JWaf Apple Podcasts: https://str.sg/JWaY Spotify: https://str.sg/JWag Google Podcasts: https://str.sg/J6EV Website: http://str.sg/stpodcasts Feedback to: email@example.com Follow Audrey Tan on Twitter: https://str.sg/JLMB Read her stories: https://str.sg/JLM2 Follow David Fogarty on Twitter: https://str.sg/JLM6 Read his stories: https://str.sg/JLMu --- Discover more ST podcast series: Asian Insider Podcasts: https://str.sg/JWa7 Health Check Podcast: https://str.sg/JWaN ST Sports Talk Podcast: https://str.sg/JWRE Life Weekend Picks Podcast: https://str.sg/JWa2 #PopVultures Podcast: https://str.sg/JWad Bookmark This! Podcast: https://str.sg/JWas Lunch With Sumiko Podcast: https://str.sg/J6hQ Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts! See omnystudio.com/listener for privacy information.