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Watchdog Says 90% of Chevron’s Carbon Offsets Are “Junk”

HeadlineMay 25, 2023
Image Credit: Reuters

A new investigation from the watchdog group Corporate Accountability finds that over 90% of Chevron’s carbon offsets are “junk,” with some likely contributing to the climate crisis and creating social harm. Environmental and Indigenous activists have long opposed the idea of carbon offsets as corporate greenwashing.

In related news, the city of Hoboken in New Jersey is suing Chevron, Exxon and other oil companies over racketeering charges for knowingly deceiving the public of the climate risks of its industry.

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