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Carbon offsetting needs to scrub up its act to clean up our planet

20 April 2021 11:40 GMT Updated  20 April 2021 12:47 GMT OPINION: Key parts of the oil and gas industry have signaled their determination to play their part in trying to meet the Paris climate goals. ENERGY EXPLORED: SUBSCRIBE TO ACCELERATE Gain valuable insight into the global oil and gas industry s energy transition from Those at the forefront of change such as Shell, Equinor, BP and Eni are gradually stepping up investment in renewable power. They are also relying on significant use of carbon “offsets” to meet the net-zero emissions targets they are setting themselves. Tree-planting initiatives The European oil majors are not alone. Aviation and industrial sectors are using carbon credits while they wait for cleaner fuels to hit the market.

John Ivison: Erin O Toole s climate plan is not perfect but it is credible

But he should be commended for having moved his party beyond its opposition to consumer carbon pricing. Accusations are already being made by erstwhile fellow travellers like the Canadian Taxpayers’ Federation that he has betrayed those who believed his leadership pledge that he would repeal the Liberal carbon tax. But O’Toole also knows that his future was bleak if he did not adapt to a political environment in which a credible climate change plan is a pre-requisite for any party with ambitions of government. He may still be doomed. But this plan gives him a fighting chance in vote-rich provinces like Ontario. The Conservatives elected 73 MPs in the province, with 44.4 per cent of the vote in 2011. But the party’s share of the vote fell to 35 per cent (33 MPs) in 2015 and again to 33 per cent (36 MPs) in 2019. It was no coincidence that concerns over climate change were waxing as Conservative fortunes waned.

Ivison: Erin O Toole s climate plan is not perfect but it is credible

Industrial decarbonisation strategy (accessible webpage)

Industrial decarbonisation strategy (accessible webpage) Updated 7 April 2021 © Crown copyright 2021 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gov.uk. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. This publication is available at https://www.gov.uk/government/publications/industrial-decarbonisation-strategy/industrial-decarbonisation-strategy-accessible-webpage Ministerial foreword The UK is the world’s first major economy to present a net zero Industrial Decarbonisation Strategy. This strategy comes at a time when the UK is striving forward with environmental progress, with economic recovery from the

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