REDD funded by the oil industry cannot be “sustainable development”. Norwegian oil company Equinor continues its climate masquerade

As climate breakdown gets worse, the corporations most responsible are looking for ways to continue profiting from ever increasing greenhouse gas emissions. Norway’s oil company Equinor is a classic example of this. The company plans to continue drilling oil – including in the Arctic – while investing in “natural climate solutions” to offset its emissions.

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Companies won’t meet the New York Declaration or the Tropical Forest Alliance 2020 deforestation targets. The Nature Conservancy tells us “that’s okay” and TFA says “let’s not dwell on it”

In September 2014, more than 50 companies signed on to the New York Declaration on Forests. The declaration has a target to “At least halve the rate of loss of natural forests globally by 2020 and strive to end natural forest loss by 2030.”

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Oil, climate change, and Patricia Espinosa’s short memory

Patricia Espinosa, Executive Secretary of the UNFCCC, was in Weimar, Germany this week. In her first speech since COP 24, she said that the UN climate meeting in Katowice reached an “extremely successful outcome”. Of course Espinosa doesn’t mean that the meeting was successful in addressing climate change. She just means that it was successful in continuing the never-ending farce of the UN climate negotiations.

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