This Timber Company Sold Millions of Dollars of Useless Carbon Offsets
Jim Hourdequin is calling out the entire system, including some of his own projects, as broken and shortchanging the climate.
SEC prepares to crack down on misleading ESG investment claims
The SEC is poised to crack down on exaggerated environmental, social and governance credentials in investment products.
Deutsche Bank raided by authorities over ESG ‘greenwashing’ claims
German officials raided the offices of Deutsche Bank on suspicion of the fraudulent advertising of sustainable investment funds.
BP Paid Rural Mexicans a “Pittance” for Wall Street’s Favorite Climate Solution
BP has found a climate bargain in some of Mexico’s poorest areas, paying a fraction of market rate for carbon offsets to rural villagers.
Carbon should cost 3.6 times more than US price, study says
The United States government uses a price of $51 per ton of carbon dioxide emitted, but Nature wrote that the price should be $185 per ton.
Industry bosses making money from carbon credits say system needs to change
Some of the biggest players profiting from Australia’s carbon market are backing expert analysis saying the system is generating meaningless credits.