Companies are buying up cheap carbon offsets − data suggest it may be more about greenwashing than helping the climate
- Written by Sehoon Kim, Assistant Professor of Finance, University of Florida
Greenwashing involves giving false impressions about a company's impact on the environment.Illustration by WhataWin/iStock/Getty Images PlusCarbon offsets have become big business as more companies make promises to protect the climate but can’t meet the goals on their own.
When a company buys carbon offsets, it pays a project elsewhere to...
