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.
Tag: Natural Climate Solutions
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.”
Norway’s oil industry has been right behind REDD from the start
By Chris Lang 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.
The Nature Conservancy is wrong. Planting trees is not equivalent to halting the burning of oil
Here we go again. “Plant more trees to combat climate change: scientists” is a Reuters headline from earlier this week. The article is based on a press release put out by The Nature Conservancy about a paper published in the journal Proceedings of the National Academy of Sciences. The paper’s argument relies on the scientific…