Tuesday, August 2, 2022

WHY CARBON-NEGATIVE FIRE INSURANCE IS HARD TO GET

Carbon Offset Company Accidentally Starts Devastating Wildfire 

VICE 21 JULY





The fire started in Bubierca… Aragon.

"The fire started while using a retro-spider excavator to prepare the soil to plant trees … we are devastated by the latest estimate that the damage will be around 14,000 hectares," or roughly 35,000 acres.”

It’s not clear how many acres Land Life has actually planted trees in... It also appears to have dabbled in blockchain tech, having raised €3.5 million in 2018 to develop "proprietary technology across the nature reforestation value chain."

The fire has forced authorities to order the evacuation of five neighboring towns, as well as a nursing home. This is the second forest fire started by Land Life in a month.