Posts Tagged ‘offsets’

Carbon offsets don’t work. It’s time for the EU to change its approach

The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. The European Union’s strategy to turn Europe into the first climate-neutral continent by 2050 is doomed to failure. Yet, that can be prevented if it rejects the greenwashing of carbon offsetting programmes and shifts […]

Greta Crashes COP26 To Call Bull$hit On Carbon ‘Offsets’, Still Hasn’t Heard Of China

While the teen environmentalist sat in the back of the room, she tweeted earlier in the day that the fossil fuel industry & banks, which she called the “biggest climate villains,” were “here in Glasgow trying to scale up offsetting & give polluters a free pass to keep polluting.” “Polluting profiteers see offsetting as their […]

Carbon Offsets Offer A Fantasy Of Capitalism Without Crises

Above photo: Sarayut Thaneerat / Alamy. Governments, companies and sometimes entire sectors are increasingly proposing to use carbon offsets in response to the deepening climate crisis. In theory, offsetting allows organisations to compensate for their own emissions by paying towards low-carbon projects elsewhere, but the practice has been mired in scientific problems and scandals, and it has been […]

Big companies find profit in carbon offsets market

Big companies are finding profit in carbon offsets market. “The value of the global market for carbon emissions offsets,” writes  Frank Watson (Global carbon offsets market could be worth $200 billion by 2050: Berenberg, 13 May 2020 https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/051320-global-carbon-offsets-market-could-be-worth-200-bil-by-2050-berenberg) “could increase to $200 billion by 2050, German bank Berenberg said in a note”. Frank Watson writes: […]

Iran English language newspaper headlines on Tuesday,23-02-2016

Iran Daily   Moody’s: Banks in Persian Gulf Arab states under oil prices pressure Banks in the six-nation Persian Gulf Cooperation Council (PGCC) are being increasingly challenged by a liquidity squeeze resulting from low oil prices, Moody’s Investor Services said on Monday.   Syria terrorist attacks draw condemnations Iran, Russia and the UN condemned Sunday’s […]

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