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(Introduction to the following question)

Carbon Credit Market – Tomas Aguirre, Brazil

Read the beginning of the following The Guardian article:

Revealed: More than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows

The forest carbon offsets approved by the world's leading certifier [...] and used by Disney, Shell, Gucci and other big corporations are largely worthless and could make global heating worse, according to a new investigation.

*The research into leading carbon standard for the rapidly growing \pounds$1.6bn) voluntary offsets market, has found that, based on analysis of a significant percentage of the projects, more than 90% of their rainforest offset credits – among the most commonly used by companies – are likely to be "phantom credits" and do not represent genuine carbon reductions.

Source: https://www.theguardian.com/environment/2023/jan/18/revealed-forest-carbon-offsets-biggest-provider-worthless-verra-aoe

Carbon Credit Market – Tomas Aguirre, Brazil

What is the correct alternative regarding the carbon credit market?

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