this post was submitted on 10 Aug 2026
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Company insists it remains committed to 2040 net-zero carbon emission goals

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[–] Jiral@lemmy.world 2 points 2 days ago* (last edited 2 days ago)

That is only partially true. With a working CO2 emission trading scheme this "balancing" means massive amounts of cross financing of beneficial projects, eg for renewable ebergy projects etc. It adds a financial benefit to saving emissions and that is the only language markets seem to understand. It is by no means perfect but it is not just greeneashing and nothing else.