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Fossil fuel companies are increasingly using carbon offsets to claim they are going carbon neutral. Oil and gas giants like BP, Shell, Total Energies and Eni have all used carbon credits to deliver so-called “carbon neutral” fossil fuels. Additionally, Eni, Shell, TotalEnergies, Chevron, ExxonMobil long term net zero strategies include substantial amounts of carbon offsetting. According to a report released by Shell, by 2030 up to 1.5 million...
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The voluntary carbon market is vast and confusing. Every week it feels like there is a new methodology coming out to verify a different version of a carbon offset project or the birth of an organization promising to overhaul the credibility of the market. As a corporation looking to fund carbon removal investment or avoidance of emissions, it can feel...
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