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.
Tag: Fossil fuels

COP27 achieved nothing. No surprises there
COP27 failed to come up with anything that is even remotely likely to address the climate crisis.

Shell loses appeal against Dutch advertising watchdog. The claim that offsets “compensate” emissions is misleading
Shell loses appeal: The Dutch advertising watchdog rules that Shell cannot claim that offsets “compensate” emissions.

Munduruku Indigenous communities oppose REDD project on their territory
Munduruku Indigenous communities recently held a meeting in which they opposed a proposed REDD project on their territory.

Invictus Energy uses REDD to greenwash gas extraction in Zimbabwe
Invictus Energy announces that its new gas extraction in Zimbabwe will be greenwashed carbon neutral, thanks to the Ngamo-Gwayi-Sikumi REDD project.