How to burn the planet. Shell invests US$38 million in Carbonext, Brazil’s biggest REDD offset firm
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Shell is one of the world’s most polluting corporations. For several decades Shell has been interested in carbon offsetting, to greenwash its continued pollution.Thanks for reading REDD-Monitor! Subscribe to receive new posts and support my work. This week, Shell announced that it has invested US$38 million in a Brazilian company called Carbonext that runs REDD projects in Brazil’s Amazon rainforest. Under the deal, Shell will receive preferential access to Carbonext’s offsets. But Carbonext will not be reducing the price of its offsets for Shell.
How to burn the planet. Shell invests US$38 million in Carbonext, Brazil’s biggest REDD offset firm
How to burn the planet. Shell invests US$38…
How to burn the planet. Shell invests US$38 million in Carbonext, Brazil’s biggest REDD offset firm
Shell is one of the world’s most polluting corporations. For several decades Shell has been interested in carbon offsetting, to greenwash its continued pollution.Thanks for reading REDD-Monitor! Subscribe to receive new posts and support my work. This week, Shell announced that it has invested US$38 million in a Brazilian company called Carbonext that runs REDD projects in Brazil’s Amazon rainforest. Under the deal, Shell will receive preferential access to Carbonext’s offsets. But Carbonext will not be reducing the price of its offsets for Shell.