The carbon offset industry is using the same sort of ‘future value accounting’ 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 disastrous consequences.
A 1961 oil and gas well is the suspected source of a geyser eruption in the region where Permian wastewater disposal is causing a flurry of earthquakes.
Tech firms like Amazon and Google ‘have enormous responsibility’ for driving fossil fuel expansions, climate expert argues.
The Tory candidate is running her campaign from the home of a prominent anti-green activist.
Peter Thiel, JD Vance’s former boss, also expresses confusion on climate, supporting expanded fossil fuel use while appearing unclear on the consequences.
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