Read our investigation released with the Guardian and help spread the word!

Dear Friend,

Big news! The Guardian has just published our research about the way carbon markets are being used by Big Polluters, like the fossil fuel industry, to undermine efforts to address the climate crisis in a meaningful and equitable way.

The investigation was published late yesterday on the eve of the Climate Ambition Summit that is happening in New York City today!

This investigation takes a closer look at carbon offset projects, which many corporations tout as a way they are helping to address the climate crisis and supposedly decrease their emissions. Our research found that among the top 50 projects, the vast majority (78%) have fundamental failings that suggest they are likely junk or worthless. 16% of those projects look problematic and are potentially junk or worthless.

This first article is being published just in time for the United Nations Climate Ambition Summit, which starts today at the U.N. headquarters in New York City.

Read more, and help ensure this article is part of the conversation demanding real action and an end to greenwash.

Make sure U.N. decision-makers see our joint investigation published with the Guardian

The United Nations Climate Ambition Summitt is meant to demonstrate, in the U.N.’s words, “that there is collective global will to accelerate the pace and scale of a just transition to a more equitable renewable-energy based, climate-resilient global economy.”¹

And we share that overall goal. But we all know that powerful corporate interests and polluting countries like the United States are doing everything in their power to continue polluting and extracting, and will use the summit to greenwash. For decades, Big Polluters and their industry trade groups have been watering down promising policies, promoting half-measures, and pushing dangerous distractions over real solutions. They fund junk science to sow doubt and confusion about the reality of climate change. And they fund politicians who stonewall climate policy for them.

Even when corporations are claiming to be part of the solution to the massive crisis they have caused and continue to exacerbate, this investigation with the Guardian illustrates that these dangerous distractions like carbon markets are far more about PR and spin than it is about meaningful action.

So in order for real progress to be made during this summit, we need to ensure that as many decision-makers and elected officials as possible see and read this article. We need the people who are setting climate policy to understand that corporations are currently stymying progress.

Take a minute to share the Guardian article with some of the decision-makers currently in New York for the Climate Ambition Summit on social media.

Onward,

The climate team at Corporate Accountability

Image attribution: Reuters

1. U.N. Climate Ambition Summit 2023

Corporate Accountability stops transnational corporations from devastating democracy, trampling human rights, and destroying our planet. We are building a world rooted in justice where corporations answer to people, not the other way around -- a world where every person has access to clean water, healthy food, a safe place to live, and the opportunity to reach their full human potential.

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Write to us at [email protected] or call us at +1-800-688-8797 (U.S.).

Corporate Accountability
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