The carbon offset industry is using the same sort of โfuture value accountingโ 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 disastrousย consequences.
Nigel Farage and his colleagues have close ties to the autocratic petrostate.
The European Parliament has โa legal and moral obligation to reject these dangerous proposalsโ, according to Dutch Left MEP Anja Hazekamp.
Itโs an energy agenda seemingly at odds with the prime ministerโs previous stated commitments to addressing climate change.
Anonymous group of senior executives say major ad agencies are โenabling harm rather than doing good.โ
