The carbon offset industry is using the same sort of โfuture value accountingโ that caused the collapse of energy giant Enron, according to a watchdog group.
When companies like Climate Care and the Carbon Neutral Company sell the public carbon offsets, carbon savings expected to be made in the future are counted as savings made in the present. This is the same technique used by Enron to inflate its profits with such disastrousย consequences.
Critics fear that Equinorโs latest UK education deal is aimed at quelling opposition to North Sea drilling.
Green policy is under threat from corporate lobbying, right-wing parties and media and U.S. interference.
Partner firmโs pivot to wood-chipping may yet harm forests, campaigners warn.
European fertiliser giant has launched a local โcharm offensiveโ to gain support for its chemical factory plan.
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