On paper, carbon trading should help finance environmental projects and fight climate change, but years of debate and blurry standards have turned the initiative into a pollution enabler for the richest countries.
Tag: carbon emissions
Oil development in Uganda and Tanzania, driven by the French multinational TotalEnergies, is met with opposition from local communities and social and environmental activists. The projects are surrounded by allegations of threats and human rights abuses.
Green technologies are crucial to reducing carbon emissions, but they require ramping up the need for mining of minerals. And since mineral extraction can cause grave natural destruction, how can we ensure renewables are truly good for the environment?
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The Bogus Concept Of “Carbon-Neutral” Oil
The Colombian president recently said that the country had exported one million barrels of carbon-neutral or offset oil. But in an unregulated carbon market, such a claim is pure greenwashing.
After years of letting overnight rail travel fade into oblivion, France and other European countries are rushing to reverse course. Doing so will be easier said than done, however.