An investigation into the growing industry of “carbon offset” schemes has found that most of these “green” projects are “likely junk or worthless.”

The UK’s left-wing Guardian newspaper launched a joint investigation with Corporate Accountability, a nonprofit climate watchdog group.

The probe examined environmental projects that are supposedly aimed at offsetting greenhouse gas (GHG) emissions via the voluntary carbon market (VCM).

However, the investigation found that the “vast majority” of these “carbon offset” programs are scams that do nothing to benefit the environment.

39 of the top 50 “carbon offset” projects evaluated, or 78 percent, were determined to be “likely junk or worthless.”

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