US EditionPublished • loading... • Updated
The world’s largest carbon trader sold worthless carbon offsets for tens of millions of euros
For years, South Pole – the world’s most influential climate consultancy – sold essentially concocted emission rights to hundreds of companies, including Gucci, Volkswagen and energy supplier Greenchoice. As a result, part of the climate achievements of many prestigious companies exist only on paper. Said carbon credits generated tens of millions of euros for South Pole. The company is in crisis: employees want the error to be acknowledged, while
1 Articles
1 Articles
The world’s largest carbon trader sold worthless carbon offsets for tens of millions of euros
For years, South Pole – the world’s most influential climate consultancy – sold essentially concocted emission rights to hundreds of companies, including Gucci, Volkswagen and energy supplier Greenchoice. As a result, part of the climate achievements of many prestigious companies exist only on paper. Said carbon credits generated tens of millions of euros for South Pole. The company is in crisis: employees want the error to be acknowledged, while
Coverage Details
Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
To view factuality data please Upgrade to Premium