BP-owned Finite Carbon accused of selling carbon credits on non-endangered trees, with Sealaska project manipulating boundaries per satellite analysis.
BP-owned Finite Carbon, the largest offsetting company in the US, has been accused of selling carbon credits on trees that are not endangered, according to a satellite analysis by Renoster and CarbonPlan. This analysis found that the Sealaska project in south-eastern Alaska manipulated its boundaries to receive more credits, raising concerns about the environmental integrity of carbon offsets.
July 11, 2024
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