carbon finance
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Big Oil’s Climate Plans Are Worthless, According to Science
Oil and gas companies keep saying they’re committed to the goals of the Paris Agreement. They keep making net zero promises. They touting high-tech solutions they’re working on. It may feel like most of it is bullshit, but not we have the science to prove it.
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Amazon Invests in the Amazon Rainforest Instead of Just Paying Its Damn Taxes
Amazon, as in the corporation, is investing in the Amazon, as in the rainforest. The multinational conglomerate announced the new initiative on Tuesday, saying it will help fight the climate crisis. But in doing so, Amazon conveniently skirted addressing its own role in fuelling that crisis. Surprise, surprise.
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Big Oil Coined ‘Carbon Footprints’ to Blame Us for Their Greed. Keep Them on the Hook.
This story originally appeared in The Guardian and is republished here as part of Covering Climate Now, a global journalism collaboration strengthening coverage of the climate story.
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U.S. Wildfires Are Sending Carbon Offsets Up in Smoke
Eighty-six large forest fires are burning across 12 states. Among the trees they’re torching are ones being used as carbon credits, showing the danger of relying on forests to offset emissions elsewhere.