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.
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…
Norway is the world’s fifth largest oil exporter. As a result, Norway is a very rich country. At the same time, Norway cares about addressing climate change. Or, to be more honest, it wants to appear on the world stage as caring about climate change.
Eleven years ago, almost to the day, the government of Norway put out a press release: “Norway is prepared to increase its support for efforts to prevent deforestation in developing countries to about three billion kroner a year.” That’s about US$550 million per year.
REDD-Monitor’s occasional series, Carbonballs features the climate howlers made by so-called environmental leaders. Today’s post features Erik Solheim, who resigned this week as head of the United Nations Environment Programme (UNEP).