Analysis Reveals Concerns Over Finite Carbon's Offsets
Analysis Reveals Concerns Over Finite Carbon's Offsets
Analysis Reveals Concerns Over Finite Carbon's Offsets
News summary

A satellite analysis revealed that BP-owned Finite Carbon sells carbon offsets for forests not at risk of deforestation, undermining climate goals by allowing continued pollution. South Africa's President Ramaphosa highlights the country's unsustainable carbon intensity, facing challenges from the EU's Carbon Border Adjustment Mechanism affecting key sectors. Carbon accounting emerges as vital in guiding organizations towards sustainable practices and addressing climate change concerns. Congress pledged $3.5 billion to US carbon capture projects, marking a significant federal investment. Malaysia considers a carbon tax in response to the EU's Carbon Border Adjustment Mechanism, aiming to address environmental challenges and international policies.

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