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One of the world’s most popular forest carbon projects is floundering.
As much as two thirds of the climate benefits the project was supposed to provide for high-profile customers — including Volkswagen, Gucci, and Nestle — never materialized, according to a recent investigation. The failure casts even more doubt over whether sustainability claims companies make about offsetting their emissions are actually legitimate.
Bloomberg
[Majority of Carbon Credits From Tarnished Project Deemed Bogus]
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