BLOOMBERG • June 26, 2023
Canada’s explosive wildfire season has already pumped millions of tons of carbon dioxide into the atmosphere. Some of that carbon is coming from vegetation burned at a carbon offset project, highlighting the fragility of a tool the world is relying on to fight catastrophic climate change. With Canada facing what’s on track to be its worst wildfire season on record – and climate change fueling ever more destructive blazes – climate experts and offset developers are concerned it could be a harbinger of what’s to come.