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.
Carneyโs โCanada Strongโ fund exposes the nationโs resource kryptonite: leaving critical decisions to local governments captured by industry interests.
Campaigners say itโs โdeeply concerningโ that a major British bank and former COP sponsor is supporting UK coal.
Incoming government is spotlighting highly polluting intensive farming practices, which damage water, land and air.
The oil major has provided a significant chunk of the foundationโs income.
