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Nigel Farage: Brexiteer, scourge of the woke – and eco-warrior? - Netscape Money & Business


Nigel Farage: Brexiteer, scourge of the woke – and eco-warrior?
By Susanna Twidale
Reuters
LONDON (Reuters) - Love him or hate him, it s hard to accuse Nigel Farage of being boring or predictable - and Britain s Brexit champion has blindsided his critics once again.
Fresh from leaving politics, the most high-profile face of the campaign to leave the European Union has joined the advisory board of a Dutch carbon offset company aiming to plant three trillion trees by 2030.
It may seem an unlikely career choice for a man who has been scathing about wind power, criticised some environmental campaigners for what he called climate alarmism and declared war on the woke agenda . ....

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Big carbon? Oil majors turn to nature to help plug revenue gap


6 Min Read
LONDON (Reuters) - Oil companies such as BP and Shell are nurturing nature as a future revenue stream, betting on an expected rise in carbon credit prices as their fossil fuel profits ebb.
A dense stand of small trees clear-cut approximately 10 years earlier is seen from the edge of Hersey Mountain Wilderness in New Hampton, New Hampshire, U.S., December 4, 2020. REUTERS/Elizabeth Frantz
BP last year put $5 million into Finite Carbon, a company that connects forestry owners with companies seeking to offset their climate-warming emissions via-tree planting.
The Californian firm expects to generate $1 billion for landowners over the next 10 years, after a 20-40% cut of the proceeds, its chief executive Sean Carney said. ....

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Big carbon? Oil majors turn to nature to help plug revenue gap


Big carbon? Oil majors turn to nature to help plug revenue gap
Dec. 13, 2020
05:10 am JST
Jan. 13 | 03:02 pm JST
LONDON
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Dec. 13, 2020
04:49 pm JST
Of course there will be a disparity in the price of carbon credits. As much of the cost of each carbon-reducing project is based on labor, credits will produce far less in offsets in the developed world. The cost of planting an acre or hectare of trees in the Global South is much less expensive than in the northern hemisphere. ....

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