New Research Exposes Chevron's Carbon Offsets as Worthless 'Junk'

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New Research Exposes Chevron's Carbon Offsets as Worthless 'Junk'
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'Chevron's 'net zero' rhetoric looks to be little more than a PR ploy to prevent strong climate action while the corporation rakes in record profits and plans for further production or expansion in at least 20 countries,' says StopCorpAbuse.

more than 43 billion tons of GHG pollution since 1965, second only to Saudi Aramco among corporations worldwide—is planning to dump $57.4 billion into ramping up fossil fuel production this decade, the report laments.warnings"This deeply documented history of greenwashing and malfeasance should make every human on Earth who isn't paid by the fossil fuel industry furious."

According to Corporate Accountability:"Last year, Chevron lobbied on more than 150 federal bills or issues in the U.S.—targeting policies that sought to lower emissions while pushing others that would further legitimize risky and unproven schemes like CCUS. In 2020-2022, Chevron directly spent $20.8 million lobbying in the U.S. alone. This does not even take into account the more than $310.5 million its partner trade groups spent in the same time period.

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