Net zero loses its meaning as fossil fuel industry plays carbon trading games

Read the full story at Triple Pundit.

Lakes, rivers, reservoirs and other bodies of water are evaporating, running dry before our very eyes. Floods are washing out natural areasneighborhoods and even entire regions across the globe. Hurricanes are pummeling coastlines. Forests are burning at unprecedented rates around the world — from worsening fire seasons as well as intentional destruction in the name of growth. Islands are sinking. Populations are losing their homes and their livelihoods. People are dying. Transitioning to a carbon-neutral society isn’t just some lofty goal for corporations to tout to ESG investors — it is imperative for our survival on this planet. And yet – according to a joint report by the Global Forest Coalition, Corporate Accountability and Friends of the Earth International – net zero has been co-opted by some of the worst polluters out there. As such, these initiatives act as public relations stunts for corporations while failing to deliver legitimate reductions in carbon emissions and all the while preventing any actual accountability.

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