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More Than Half of Carbon Credit Auditors Have Signed Off on 'Overclaimed' Benefits
Can carbon-reducing projects "offset" a company's emissions? "The reality has been less encouraging," according to a Science magazine editorial by Cary Coglianese, a law/political science professor at University of Pennsylvania, and Cynthia Giles, a former senior advisor at the U.S. Environmental ...
That reliance is misplaced... [E]xtensive research from many contexts shows that auditors selected and paid by audited organizations often produce results skewed toward those entities' interests. Auditors — like all people — are subject to a well-established and largely unconscious cognitive phenomenon of self-serving bias, causing them to interpret evidence in favor of their clients... Given the high planetary stakes in carbon policy choices being made now, it is past time to recognize that third-party auditors selected and paid by the audited organizations are not the bulwark for credit integrity they are claimed to be.
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