Centrica told Sky News:"These carbon offsets were initially brought to back a tariff which has not been sold since 2019."We subsequently made the decision not to use them again as they were not aligned with our high environmental standards."
Some studies have projected that if demand keeps growing the global market could be worth up to $50bn by 2030.The CCC report says that current shortcomings"could be overcome with stronger governance to ensure high-integrity carbon credits and clearer guidance for businesses to encourage them to cut their own emissions first and foremost, before turning to offsets."
"But poor-quality offsets are crowding out high-integrity ones. Businesses face confusion over the right approach to take.
Not harming China, India ir America's economy. If the Ukraine skirmish hadnt arisen, we'd all be still blowing out hydrocarbons, so why not just switch to using our own reserves...or is it more beneficial to sell it on while we all freeze over winter......
SKY can I see how much is your electricity bill, also you use plastic and oil by products, and a lot of copper which needs mining and smelting, aside steel.
Charging people for a trace gas that does absolutely nothing to the atmosphere is the biggest con job
That’s what they were invented for in the first place.
'Net zero' is a mythical fantasy peddled by a wealthy elite once they worked out how to sell the atmosphere to the proles. It was never planned to 'achieve' it so don't worry about it.
You guys never did understand it. Did you?