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.
The Reform UK leaderโs planned trip to Washington D.C. has prompted fresh consternation from campaigners.
Policymakers, civil society, investors, business, and the media all must answer key questions fast โ before the regulatory rollback turns into a rout.
The Alberta gas giant Capital Power lobbied the government 37 times in the lead-up to an accord suspending clean energy regulations, federal records show.
Justice Samuel Alito did not recuse himself from considering the petition, despite significant financial conflicts of interest in implicated cases.
