ChrisMayLA6,
@ChrisMayLA6@zirk.us avatar

Between 2015-21, Alberta (Canada), to 'encourage' Shell's investment in the province, allowed the Oil company to register (and sell!) double the amount of carbon credits related to avoided emissions at it's facility in the province;

Dignified as a 'subsidy', but effectively allowing 'phantom' carbon credits to be used to off-set real emissions through the market for carbon credits.

Thus more emissions legitimated & a juicy profit for Shell. Another scam!

h/t FT

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