Amazon, Ikea, Nestlé and others will fall short of promise to cut carbon by 100%, says NewClimate Institute
, and some have been fraudulent. Forestry also makes a poor substitute for immediate emissions cuts as carbon emitted into the atmosphere today begins to heat the atmosphere now and continues to do so for at least a century, while trees take decades to grow and store carbon absorbed from the air., preserving existing forests is one of the most important ways of tackling the climate crisis.
He was also concerned at the apparent poor quality of some of the offsetting projects that companies were using. “If they insist on offsetting, at least it should be with carbon credits that have more integrity,” he said. An E.ON spokesperson said: “In our view, [the report] is not only methodologically incorrect, but its results are misleading. E.ON’s carbon footprint is based on the principles of the globally applicable greenhouse gas accounting standard. E.ON was again included in the A List by CDP [the Carbon Disclosure Project] for its climate reporting in 2021.”
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