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.
The Canada Pension Plan Investment Board has invested billions in fossil fuel expansion in the United States since Trumpโs return to office.
The European far-right rubbed shoulders with pro-Trump groups in Brussels.
Science journalist Adam Becker speaks with DeSmog about how Silicon Valley tech billionaires have invented new forms of greenwashing and climate denial in their quest for ever-more fantastic technology.
It turns out oil and gas arenโt Albertaโs only hazardous exports.
