Nike Air Sneakers Highlight Issues in $700 Million Carbon Market

Reported 29 days ago

Nike's vintage Air sneakers have exposed significant flaws in the carbon offset market, as the sulfur hexafluoride previously used in their shoe soles is a potent greenhouse gas. Although Nike replaced this gas and generated nearly 8 million carbon credits, concerns arise over the legitimacy of these credits since they stem from a project that may not represent genuine emissions reductions. The situation raises critical questions about the integrity of carbon markets and their ability to ensure that offset projects genuinely contribute to reducing atmospheric carbon.

Source: YAHOO

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