Wednesday, November 3, 2021
COP26: Is carbon offsetting a stalling tactic?
Carbon offsetting is a way some companies and countries are attempting to counteract the greenhouse gases they emit. Offsetting involves putting money into funds dedicated to reducing emissions elsewhere. But critics say the mechanism allows wealthy companies to carry on with polluting behaviour rather than cutting emissions. Carbon offset funds can be linked to projects for reforestation, renewable energy, or funding climate mitigation for poorer communities.
Labels:
carbon offsetting,
COP26,
The Stream
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