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Bullboard - Stock Discussion Forum Carbon Streaming Corp N.NETZ

Alternate Symbol(s):  OFSTF | CBNWF | N.NETZ.WT.B

Carbon Streaming Corp is a Canada-based investment vehicle company. The company is focused on acquiring, managing, and growing a portfolio of investments in projects and/or companies that generate or are involved with voluntary and/or compliance carbon credits. It offers investors exposure to carbon credits, which is an instrument used by both governments and corporations to reach their carbon... see more

NEO:NETZ - Post Discussion

Carbon Streaming Corp > indulgences ...
View:
Post by mesa1 on Oct 10, 2023 11:00am

indulgences ...

And now as ZeroHedge reports, Fortescue Metals just halted playing the carbon offset game.

Backfire: World’s Fourth Largest Iron Ore Producer Stops Purchasing Carbon Offsets

We are the only heavy emitter in the world to stop purchasing voluntary offsets,” Dino Otranto, chief executive officer of Fortescue’s metals business.

Good for them! Carbon credits are a giant scam — the modern day equivalent of purchasing indulgences from the church.

Comment by mesa1 on Oct 10, 2023 11:39am
It Was Always a Giant Scam Revealed: top carbon offset projects may not cut planet-heating emissions The vast majority of the environmental projects most frequently used to offset greenhouse gas emissions appear to have fundamental failings suggesting they cannot be relied upon to cut planet-heating emissions, according to a new analysis. Also from the article: According to our ...more  
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