New tool is part of a broad push by the industry to increase carbon credit integrity by harnessing technology innovation. A tracking tool recently released by third-party carbon credit verification organisation Verra – which aims to boost the transparency of carbon capture and sequestration products – is among the latest in a wave of initiatives utilising digital solutions...Read More

Fossil fuel companies are increasingly using carbon offsets to claim they are going carbon neutral. Oil and gas giants like BP, Shell, Total Energies and Eni have all used carbon credits to deliver so-called “carbon neutral” fossil fuels. Additionally, Eni, Shell, TotalEnergies, Chevron, ExxonMobil long term net zero strategies include substantial amounts of carbon offsetting. According to a report released by Shell, by 2030 up to 1.5 million...Read More