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Major Companies' Use of Low-Quality Carbon Credits Casts Doubt on Climate Claims

Energy Daily Wednesday, 21 August 2024 ()
Major Companies' Use of Low-Quality Carbon Credits Casts Doubt on Climate ClaimsTokyo, Japan (SPX) Aug 21, 2024

Claims by large corporations of achieving carbon reduction or even carbon neutrality are increasingly under scrutiny, with a new study suggesting these assertions may not hold up to closer examination. In a study published in 'Nature Communications', researchers from Kyoto University have found that the 20 companies retiring the most carbon offsets from the voluntary carbon market (VCM) ov
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