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Category: USA

Guyana is to sell US$750 million carbon offsets to Hess Corporation, a US-based oil corporation that is extracting oil in Guyana. The saga of false solutions to the climate crisis continues

Posted on 5 December 20225 December 2022

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.

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Forest offsets

Forest offsets go up in smoke in California’s “forever fire”

Posted on 8 August 20228 August 2022

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.

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Nemus

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

Posted on 3 August 20223 August 2022

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…

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Democratic Republic of Congo

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”

Posted on 2 August 20223 August 2022

Democratic Republic of Congo is auctioning 30 oil and gas exploration blocks. RedemptionDAO wants to buy one to save the rainforest.

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NIHT Inc.

NIHT Inc’s misleading statements about the company’s REDD operations in Papua New Guinea

Posted on 21 June 202221 June 2022

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.

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Recent Comments

  • Ben on Response from Kurt Kaiser, Director of Compass Carbon: “Your article was of great concern to us”. And some questions for Kaiser from REDD-Monitor
  • James Mewa Kamaya on Papua New Guinea’s Forest Authority cancels Mayur Resources’ Kamula Doso REDD project
  • Benedikt von Butler on Switzerland’s offsetting deal with Peru excludes REDD. It will still not reduce emissions
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