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.
Their access to the summit is proof that Big Oil still holds "a dangerous sway" over the climate process, campaigners say.
Delegationโs composition consistent with new KBPO report revealingย this yearโs U.N. climate talks have the largest number of fossil fuel lobbyists to date.
Labour government accused of being โcomplicit in the fossil fuel industryโs conquest of the COP processโ.
Our changing climate will produce winners and losers. Canada should look to the Global South for a winning strategy.
