by #ClaraVondrich in #DeSmog:

"As of last year, more than a third of the world’s largest publicly traded companies had set targets to reach net zero carbon emissions, up from a fifth in December 2020. But a dirty little secret lies behind most net zero commitments: Companies are buying carbon offsets to meet their goals — paying for absolution just like pre-Reformation Catholics buying Indulgences to offset their sins."

https://www.desmog.com/2023/06/22/will-the-federal-trade-commission-lead-the-climate-reformation/

#CarbonOffsets #carbon #ClimateCrisis #ClimateChange #climate #emissions #FTC