Green on Paper: The Carbon Offset Industry Is Letting Fossil Fuel Giants Buy Absolution They Haven't Earned
The world's largest oil and gas companies are spending billions on carbon offset programs to advertise net-zero ambitions while simultaneously expanding fossil fuel production at a pace incompatible with any credible climate target. A growing body of investigative research has exposed the majority of these offsets as scientifically dubious, poorly verified, and structurally designed to substitute for regulation rather than supplement it. The planet cannot afford a climate accounting system built