"Analysis Reveals Corporations Invested in Dubious Carbon Offsets"

A new analysis by Corporate Accountability reveals that many major corporations, including Delta, Gucci, Volkswagen, ExxonMobil, Disney, easyJet, and Nestlé, have invested in carbon offset projects that are fundamentally flawed and likely ineffective, casting doubt on their claims of greenhouse gas reductions. The study found that a significant portion of the carbon credits purchased by these companies are "likely junk," suggesting that the voluntary carbon market may be overvalued and not delivering the promised environmental benefits. Critics argue that reliance on such offsets distracts from the urgent need for real, lasting climate action.