RI Long Read: why is there such a schism in the voluntary carbon markets?
As a Mark Carney-led Taskforce launches a consultation on scaling the market, RI explores the pros and cons for companies and investors of ‘offsetting’ in a two-part series.
Some describe the carbon offset market as Catholic Church indulgences allowing companies to greenwash harmful carbon-emitting activities, in the same way the rich could buy forgiveness but carry on sinning in 16th century Rome.
Others say carbon offsets are crucial in the battle…
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