Chasing Carbon Unicorns: The Deception Of Carbon Markets And “Net Zero”
Resource type
Resource link
Author or organization
Friends of the Earth InternationalProperty "Author" has a restricted application area and cannot be used as annotation property by a user.
Funded by
Date published
2021
Translations
PT
Key themes
Carbon markets
Geographical focus
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Summary
This report unpacks the science behind “net zero” claims and how they are used to obscure climate inaction. It explores the new strategies to expand carbon offset markets, linked with new “net zero” demand for offsets. It also explains the roles played by various actors involved in the effort to “make offsetting great again”. These include less obvious players such as a few large mainstream conservation organisations, as well as the more obvious ones: the banks, the finance industry, and corporate interests behind maintaining the status quo of fossil fuel production and consumption.
