Column: Most Companies Buying Carbon Credits Are Not Greenwashing
Criticism of voluntary carbon markets is driving corporate withdrawal, fueled by intense media scrutiny and fears of greenwashing accusations. This exodus creates a chilling effect, as companies avoid engagement to evade backlash, leaving critics blind to non-participants. Such mass disengagement threatens climate stability, as these projects are essential for protecting ecosystems that absorb significant greenhouse gas emissions.
Source: time.comPublished on 2023-10-14