Carbon offsets have become big business as more companies make promises to protect the climate but can’t meet the goals on their own.
The results raise questions about how some companies use these offsets and cast doubt on how effective voluntary carbon markets – at least in their current state – are in assisting a global transition to net-zero-emissions. In contrast, high-emissions industries, such as oil and gas, utilities or transportation, used negligible amounts of offsets compared to their heavy carbon footprints.
A more pernicious explanation for the growth in voluntary offsets is that offsets enable “greenwashing.” In this view, companies use offsets to cheaply refurbish their image to naive stakeholders who are not well informed about the quality of offsets. Agencies rate offset projects on how likely they are to meet their climate claims, among other indicators of the trustworthiness of offsets.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Companies are buying up cheap carbon offsets − data suggest it may be more about greenwashing than helping the climateA deep dive into 866 public companies and 1,413 carbon projects reveals some twists in who relies on cheap offsets and who chooses to cut their own emissions instead.
Fonte: _TCglobal - 🏆 4. / 83 Consulte Mais informação »
How donations to political parties from gambling companies linked to horse racing have surgedA total of $2.7m has been donated to the major parties in the past decade from eight companies
Fonte: GuardianAus - 🏆 1. / 98 Consulte Mais informação »
Australian companies furious after advanced defence technology project 'cancelled' following months of investmentA highly vaunted push to 'rapidly' develop disruptive military technologies into the Australian Defence Force is facing uncertainty, with local companies saying an initial project has been 'cancelled'.
Fonte: abcnews - 🏆 5. / 83 Consulte Mais informação »
Treasurer flags changes to tax credits designed to promote innovation after use by pokies companiesTreasurer Jim Chalmers says pokies companies' use of tax credits designed to promote innovation is 'problematic'.
Fonte: abcnews - 🏆 5. / 83 Consulte Mais informação »
Renewable energy companies eyeing off abandoned mines in QueenslandThey can be an eyesore, but end-of-life mines in the outback prove to be an attractive prospect in an unlikely relationship. So how are renewable energy companies repurposing mine shafts to help decarbonise the region?
Fonte: abcnews - 🏆 5. / 83 Consulte Mais informação »