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Historic US wildfires threaten net-zero targets as carbon offset woodland is wiped out

Forests used by governments and corporations including Microsoft to offset their carbon emissions are currently burning across the US ....

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False solutions: To achieve net zero, carbon offsetting would use up all global farmland

Oil Change International
C: Oxfam
In the coming months, in the run up to the crucial COP26 climate talks in Scotland, there will be a slew of false solutions on climate change announced, whether carbon, capture and storage (CCS) or carbon offsetting.
For years, climate campaigners have argued that offsetting carbon emissions does not work for the simple reason that it allows companies to carry on polluting.
But more and more companies are using offsets as a way of greenwashing their operations, arguing that they are on a path to net zero.
And of course, the oil industry spindoctors at the American Petroleum Institute also advocated offsetting in their fundamentally flawed Climate Action Plan, which they published earlier this year. ....

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US Forest Fires Threaten Carbon Offsets as Company-Linked Trees Burn

US Forest Fires Threaten Carbon Offsets as Company-Linked Trees Burn
At least two forestry projects used by businesses including BP and Microsoft to compensate for their greenhouse gas emissions are burning in Oregon and Washington.
By Camilla Hodgson, Financial Times
August 4, 2021
Fires smolder and burn in the mountains west of Paisley, Oregon. Credit: Maranie Staab/Bloomberg via Getty Images
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Forests in the United States that generate the carbon offsets bought by companies including BP and Microsoft are on fire as summer blazes rage in North America.
Corporate net-zero emission pledges rely on such projects to compensate for the carbon dioxide generated by companies that are unable to make sufficient cuts to their actual emissions. ....

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BP PLC's carbon offset programme hit by US forest fires

BP PLC's carbon offset programme hit by US forest fires
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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Up in Smoke

Up in Smoke
politico.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.com Daily Mail and Mail on Sunday newspapers.

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