To summarize:

  1. Companies have not actually reduced emissions.
  2. Companies pretend to reduce emissions by purchasing carbon offsets.
  3. Carbon offsets are shown to not be effective in actually reducing emissions.
  4. Companies say, well, we won’t even pretend anymore and continue making no effort to reduce emissions and also stop purchasing the offsets that weren’t actually working.

Capitalism cannot fix the climate emergency.

Stalled efforts to expand companies' use of carbon credits to offset greenhouse-gas emissions are raising the prospect that some will backtrack or abandon targets…