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.
United Nations distances itself from “distortive” and “biased” animal pharma livestock briefing that used UN sustainable food summit logo.
As the world starts to seriously entertain the possibility of commercially mining the deep sea for valuable metals, it's worth taking a closer look at the claims used to justify its potentially long-lived impacts.
The government still contains four ministers who criticised “government-subsidised green technology” back in 2012, but one of them seems to have changed his mind about state intervention since then, and there are some new environmentally-friendly faces around too.
Campaigners have criticised Captain Ian Finley, a UK resident who has represented the Cook Islands at the International Maritime Organization since 2006, for consistently defending industry interests.
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