Carbon offsetting is not warding off environmental collapse – it’s accelerating it | George Monbiot

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 98%

Australia Headlines News

Australia Latest News,Australia Headlines

Wealthy companies are using the facade of ‘nature-based solutions’ to enact a great carbon land grab, says Guardian columnist George Monbiot

for decarbonising economic life, or to allow corporations to offset greenhouse gases that shouldn’t be produced in the first place. We found ourselves having to shed a large number of partner organisations because of their deals with offset companies., went unheeded. Something that should be a great force for good has turned into a corporate gold rush, trading in carbon credits. A carbon credit represents one tonne of greenhouse gases, deemed to have been avoided or removed from the atmosphere.

Instead, they are being widely used as an alternative for effective action. Rather than committing to leave fossil fuels in the ground, oil and gas firms continue to prospect for new reserves while claiming that the credits they buy have turned them “carbon neutral”.scheme tells businesses that by buying fuel on its loyalty card, the “unavoidable” emissions from their fleets of vehicles can be offset “through Shell’s global portfolio of nature-based solutions projects”.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oh dear...

It's the equivalent of pushing all of your mess under your bed when your parents ask you to clean your room.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.