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.
Policy update also restricts advertising for fossil fuels products and services in council owned ad sites.
SLICK is a funny yet cutting satire of how the ad industry contributes to the climate crisis.
DeSmog analysis finds less than one third of planned projects could have full Canadian control over data.
As hundreds of CO2 storage wells move toward development, the EPA is handing more regulatory authority to states โ despite concerns about safety and long-term liability.
