Oil Exports or Carbon Credits: The Global South’s Dilemma ...Middle East

Earlier this month, the Science Based Targets initiative caused a revolt among its employees when it announced it would allow the use of carbon credits to offset Scope 3 emissions. The revolt promptly made SBTi change its mind under pressure from those claiming carbon credits were no way to advance the net-zero agenda because all they did was allow emitters to keep emitting. A lot of poor countries would beg to differ, beginning with Guyana—the oil hotspot. Guyana’s president Irfaan Ali made headlines this month…

Hence then, the article about oil exports or carbon credits the global south s dilemma was published today ( Tuesday 16/04/2024 - 08:12 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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