The environmental risks of the Carbon Markets Law
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The environmental risks of the Carbon Markets Law
The article warns of a likely legislative failure in Chile, where senators lack understanding of carbon credit markets and act under the influence of private consultants. This rush to regulate a market that was originally voluntary reveals a disconnect between public policy and corporate interests, ignoring the fact that state intervention should be guided by robust climate strategies rather than by third-party initiatives lacking a clear vision of sustainability. The logic of nature-based projects is severely criticized, as they are deemed fraudulent because they allow companies to continue polluting with fossil fuels through temporary and uncertain compensations. This dynamic not only undermines genuine mitigation efforts but also distorts national accounts by creating emission "debts" that distance the country from its international commitments, turning these mechanisms into an excuse to perpetuate pollution rather than effectively reduce it. The relevance of this text to greenwashing lies in how it exposes the manipulation of ecological instruments to legitimize polluting practices. By facilitating the sale of weak and fragile credits, it opens a "Pandora's box" that threatens to deactivate existing environmental laws, such as the Forest Law, under the guise of environmental protection. The article warns that without strict regulation and a coherent state strategy, climate deception will become institutionalized, prioritizing private business over the integrity of ecosystems and global agreements against climate change.
Source: perfil.comPublished on 2026-11-04