The Problem With Carbon Offsetting

Multiple energy, aviation, and industrial companies are using carbon offsetting practices to ‘decarbonize’ their operations. As governments put mounting pressure on companies around the world to reduce their greenhouse gas emissions, many firms are using carbon offsetting techniques to respond to reduction targets without directly reducing the amount of greenhouse gases their operations produce.

But not everyone is so sure about the efficacy of this practice, with some investors actively avoiding companies that opt for offsetting. …