Firms May Abandon Net-Zero Plans Amid Carbon Offset Uncertainty

Quick Summary:

A recent report saying carbon offsets were largely ineffective’ could lead firms to abandon or pare back investment in nature and carbon removals

The post Firms May Abandon Net-Zero Plans Amid Carbon Offset Uncertainty appeared first on Asia Financial.

At the same time, the increasing use of artificial intelligence — and effectively, data centres — has meant that big tech companies like Google and Microsoft are instead seeing a jump in their carbon emissions.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Vishakha Saxena

Category: InvestingBusiness

Markets: Hong Kong

Topics: Markets World Carbon Markets Market Insights Regions Carbon AI Global Green Energy Transport and Technology Leaders Index Carbon Capture Asia Carbon Credits Carbon Removal Carbon Offsets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 13:44:31 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 878 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 22065386

View Article Analysis

About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Update Frequency: 6 posts per day

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 13 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #86

Publisher Details

Frequently Asked Questions