The carbon offset industry is using the same sort of ‘future value accounting’ 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 disastrous consequences.
The Conservative candidate has changed his tune on climate action, recently attacking Labour’s net zero policies and arguing for new fossil fuel extraction.
Clintel’s fifth anniversary conference in town outside Amsterdam offers a glimpse of the group’s transatlantic ties.
The government is being taken to court for failing to publish the evidence provided to ministers before they backed the controversial scheme.
Les responsables de campagne critiquent des programmes volontaires « fortement défectueux », tandis que l’analyse de DeSmog révèle l'absence de représentation de la société civile ou des communautés locales affectées par les dommages causés par l’industrie des farines et huiles de poisson.
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