You want Amazon, Microsoft and Exxon to make the carbon market that suffers from a more worthy scandal


Amazon, Exxon and Microsoft joined a new business band to exhaust the image of the voluntary carbon markets that suffer from a scandal.

The Labor Squad, organized by the Politics Center Research Center at the two parties center, hopes to improve the credibility of the voluntary carbon markets, study the current situation and formulate “politics recommendations for how to enhance fair, effective and transparent markets,” according to the markets. ” Website.

The committee, which includes 17 independent members, was announced last week. Its arrival when technology companies increased their investments in artificial intelligence, which gave their shares a huge batch. But they also strained their ability to strike their climatic pledges.

Carbon emissions from Microsoft increased in 2023, an increase of approximately 30 % over the previous year despite their existence Almost 20 GB From renewable energy under the contract. Amazon’s progress stopped, just decreased slightly in the same time period, although he has invested a heavily in Renewable energy and Electricity delivery vehicles.

In an attempt to maintain net scratch goals on hand, the two companies have become two main players in the voluntary carbon market. Buy microsoft More than 7 million metric tons Carbon credits last month alone, while Amazon and other companies bought last year Worth $ 180 million Of compensation to keep a group of rainforests in Brazil.

But in recent years, these markets have been rocked by a scandal.

Investigation in 2023 open Verra, a non -profit institution approved by carbon credits, sold tens of millions of compensation that were effectively valuable. Verra sold the credits that have been claimed to reduce the removal of forests in places like Peru. The analysis showed that these areas were not at great risk of registration or clearing. The investigation suggested that more than 90 % of the credits related to rainforests had almost no effect on reducing carbon emissions.

Vera questioned the report. Six months later, the CEO of the organization has long been to resign.

The work squad, which was formed last week, includes representatives of startups such as inheritance, equal measurement, and Pezro. Non -profit organizations are also part of the work band, as well as the former CEO of Verra and CEO of the Timber Weyerhaeuser giant.

Leave a Reply

Your email address will not be published. Required fields are marked *