Guyana is to sell US$750 million carbon offsets to Hess Corporation, one of the oil companies that is extracting oil off the coast of Guyana.
Category: USA

Forest offsets go up in smoke in California’s “forever fire”
Forest offsets in California’s buffer pool are not enough to deal with the risks of wildfire and disease – especially as the climate crisis intensifies.

Brazilian Federal Prosecution Office gives Nemus 15 days to prove that it owns the land in the Amazon rainforest linked to its non-fungible tokens
By Chris Lang Nemus sells non-fungible tokens that the company claims to be linked to land in the Amazon rainforest. Nemus claims to have “secured 41,000 hectares of actual at-risk land in the Amazon rainforest”. In January 2022, Nemus announced that a further 6.1 million hectares is “currently under negotiation and soon to be at…

Democratic Republic of Congo is auctioning 30 oil and gas blocks. Crypto initiative RedemptionDAO wants to buy “at least one block of land” and “co-create nature-based revenue streams with the Congolese people”
Democratic Republic of Congo is auctioning 30 oil and gas exploration blocks. RedemptionDAO wants to buy one to save the rainforest.

NIHT Inc’s misleading statements about the company’s REDD operations in Papua New Guinea
NIHT Inc gives misleading information on its website, stating that the company’s values “naturally align” with CCB Standards. NIHT Inc is not CCB certified.