Corporations invested in #carbon offsets that were ‘likely junk’, analysis says

source: https://www.theguardian.com/environment/article/2024/may/30/corporate-carbon-offsets-credits

#Delta, #Gucci, #Volkswagen, #ExxonMobil, #Disney, #easyJet and #Nestlé are among the major corporations to have purchased millions of carbon credits from #climate friendly projects that are “likely junk” or worthless when it comes to offsetting their #greenhouse gas #emissions, according to a classification #system developed by Corporate Accountability, a non-profit, transnational corporate watchdog.

So the capitalists really don't give a shit about anything for short-term #profit, even if #humanity is destroyed in the process.

#environment #news #scam #politics #co2 #fail #capitalism #economy #future #finance #society #problem #humanrights #earth

Corporations invested in carbon offsets that were ‘likely junk’, analysis says

Analysis of the carbon offset projects used by top corporations including Delta, Gucci and ExxonMobil raises concerns around their emission cuts claims

^{Nina Lakhani (The Guardian)}

#Microsoft’s #AI Push Imperils #Climate Goal as Carbon #Emissions Jump 30%

The company’s goal to be #carbon negative by 2030 is harder to reach, but President Brad Smith says the good AI can do for the #world will outweigh its environmental impact.

Source: https://www.bloomberg.com/news/articles/2024-05-15/microsoft-s-ai-investment-imperils-climate-goal-as-emissions-jump-30

#environment #future #technology #economy #earth #Copilot #news #problem #software