Revealed: top carbon offset projects may not cut planet-heating emissions
Majority of offset projects that have sold the most carbon credits are ‘likely junk’, according to analysis by Corporate Accountability and the Guardian
"Carbon capture and storage is a lifeline for the fossil fuel industry and a dangerous distraction from the pressing need to move off oil and gas," said one advocate.
Eriel Tchekwie Deranger’s home community of Athabasca Chipewyan First Nation is in what she calls a “sacrifice zone.” The nation borders the oil production epicentre of Canada: the oilsands, which leak toxic chemicals and wreak havoc on local ecosystems.
Extensive research conducted in the early 1990s yielded a practical solution to the climate crisis that would have averted the mushrooming environmental havoc the world faces today, says journalist Geoff Dembicki—but it was buried by Imperial Oil, using a canary-in-the-coal mine report to launch a disinformation campaign that effectively blocked early mitigation of the crisis.
This is among many shocking, yet unsurprising, revelations from Dembicki’s new book, The Petroleum Papers: Inside the Far-Right Conspiracy to Cover Up Climate Change.
As long as Canada continues to underwrite the oil and gas industry, it cannot make meaningful progress on the economic transformation needed to address climate change.
