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.
MP calls for ‘urgent’ Ofcom action as GB News deploys the ‘Fox News playbook’ on climate change.
Suing under an organized crime statute, the New Jersey city says major oil and gas companies and their chief lobbying group have “conspired to deceive the world for decades.”
The Conservative Party has been accused of helping its ‘friends and donors’ while promoting a ‘false solution’ to climate change
Delays by companies and governments risk turning the basin into a fossil fuel graveyard.
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