Fossil fuel company net zero plans 'largely meaningless,' report says

The number of fossil fuel companies setting net-zero emissions targets has risen sharply over the past year, but most fail to address key concerns, making them "largely meaningless", a report showed on Monday.

Reuters

#Rainforest (i.e #indigenous homelands) credits (i..e monetized commons), which are generated by predicting #deforestation, that would have happened in the absence of the #conservation projects, were #LargelyMeaningless, putting organizations that buy the offsets at risk of #greenwashing.
#Conflict #interspecies #biodiverse #genocide #DecolonizeConservation

https://www.theguardian.com/environment/2023/mar/10/biggest-carbon-credit-certifier-replace-rainforest-offsets-scheme-verra-aoe

Biggest carbon credit certifier to replace its rainforest offsets scheme

Verra’s rainforest carbon credit methodologies, which Guardian investigation found were flawed, will be phased out by mid-2025

The Guardian