Wednesday 17 Jul 2024 |
AFED2022
 
AFEDAnnualReports
Environment and development AL-BIA WAL-TANMIA Leading Arabic Environment Magazine

 
News Details
 
Reuters Exclusive: Corporate climate watchdog document deems carbon offsets largely ineffective 10/5/2024
(Reuters) - Staff at an influential corporate climate action group whose board announced a plan to allow companies to offset greenhouse gas emissions from their supply chain with carbon credits has now found such offsets are largely ineffective, a confidential preliminary draft reviewed by Reuters shows.
 
At stake is the growth of the still nascent market for voluntary carbon offsets. While they are used by some of the world's biggest companies, including Microsoft (MSFT.O), Salesforce (CRM.N) and Amazon.com (AMZN.O), the size of the market remains small at around $2 billion.
 
 
 
 
 
Post your Comment
*Full Name
*Comments
CAPTCHA IMAGE
*Security Code
 
 
Ask An Expert
Boghos Ghougassian
Composting
Videos
 
Recent Publications
Arab Environment 9: Sustainable Development in a Changing Arab Climate
 
ان جميع مقالات ونصوص "البيئة والتنمية" تخضع لرخصة الحقوق الفكرية الخاصة بـ "المنشورات التقنية". يتوجب نسب المقال الى "البيئة والتنمية" . يحظر استخدام النصوص لأية غايات تجارية . يُحظر القيام بأي تعديل أو تحوير أو تغيير في النص الأصلي. لمزيد من المعلومات عن حقوق النشر يرجى الاتصال بادارة المجلة
© All rights reserved, Al-Bia Wal-Tanmia and Technical Publications. Proper reference should appear with any contents used or quoted. No parts of the contents may be reproduced in any form by any electronic or mechanical means without permission. Use for commercial purposes should be licensed.