Companies’ appetite for cheap carbon offsets stokes fears of greenwashing
When a company buys carbon offsets, it pays a project elsewhere to reduce greenhouse gas emissions on its behalf – by planting trees, for example, or generating renewable energy
Carbon offsets have become big business as more companies make promises to protect the climate but can’t meet the goals on their own.
When a company buys carbon offsets, it pays a project elsewhere to reduce greenhouse gas emissions on its behalf – by planting trees, for example, or generating renewable energy. The idea is that reducing greenhouse gas emissions anywhere pays off for the global climate.
