At the Oil and Money conference in London last year, Shell’s CEO Ben van Beurden was worried that his audience might think that Shell had “gone soft” on oil and gas. He was keen to reassure them that, “Shell’s core business is, and will be for the foreseeable future, very much in oil and gas.”
Tag: Plantations
Oil company Eni plans 8.1 million hectare land grab in Africa for carbon offset plantations
Italian oil and gas company Eni has announced plans to establish plantations over an area of 8.1 million hectares in Africa. The proposal is part of the company’s plans for greenhouse gas emissions from its exploration and production operations to be “net zero” by 2030.
The Oakland Institute: Swedish Energy Agency “must cancel its relationship with Green Resources once and for all”
Four years ago, the Oakland Institute published a report that exposed the impacts of Green Resources’ industrial tree plantations on local communities in Uganda. The impacts include forced eviction, limited access to land and food, and lost livelihoods.
Stop Carbon Colonialism! Oakland Institute demands Swedish Energy Agency cancel carbon credit deal with Green Resources
“The operations of Green Resources — a Norwegian industrial forestry plantation and a carbon offsets company — have resulted in loss of lands, livelihoods and increased hunger for the local communities at Kachung and Bukaleba — its two sites in Uganda.”
Green grabbing: Compensatory afforestation in India
In India, when an area of forest land is cleared, an equivalent area of land has to be afforested. Since 2006, the government has imposed a fee on companies that clear forests for mining, industry, or other projects. The money goes into the Compensatory Afforestation Fund. The Compensation Afforestation Management and Planning Authority (CAMPA) is…