Outdated carbon credits from old wind and solar farms are threatening climate change efforts

clock • 5 min read

The carbon credit system needs an overhaul to effectively help in reducing climate change, according to a UCL study

French global energy giant Total recently announced it had delivered its first shipment of 'carbon neutral liquid natural gas'. Natural gas is, of course, a fossil fuel and so can't itself be carbon neutral....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Offsets

Microsoft inks deal with CO280 to remove carbon from US pulp and paper mills

Microsoft inks deal with CO280 to remove carbon from US pulp and paper mills

US tech giant inks yet another carbon removal credits deal, this time with firm which removes and permanently stores CO2 from pulp and paper mills

clock 11 April 2025 • 3 min read
Amazon launches carbon credit service

Amazon launches carbon credit service

Retail and tech giant to offer suppliers, business customers, and Climate Pledge signatories access to science-based carbon credits

Stuart Stone
clock 20 March 2025 • 4 min read
Forest carbon credits: Quality can't come cheap

Forest carbon credits: Quality can't come cheap

If we want high quality carbon credits that have tangible benefits for the climate, environment and communities to reach scale, then need to be willing to pay a higher price for them, argues Gabriel Labbate from the UN-REDD Programme

Gabriel Labbate, UN-REDD Programme
clock 13 March 2025 • 3 min read