On Tuesday, the UN’s tU.N.’sfficial called for an end to what he called a
“toxic cover-up” on the part of businesses after a comprehensive report
said that such companies could not claim to be net zero if they continued
to invest in new fossil fuels, cause deforestation, or offset emissions
instead of reducing them.Antonio Guterres has focused his ire on fossil fuel companies and “their
financial enablers,” He has called for enterprises, towns, and regions to
revise their voluntary net zero pledges within a year to comply with the
advice of UN expeU.N.s.
“toxic cover-up” on the part of businesses after a comprehensive report
said that such companies could not claim to be net zero if they continued
to invest in new fossil fuels, cause deforestation, or offset emissions
instead of reducing them.Antonio Guterres has focused his ire on fossil fuel companies and “their
financial enablers,” He has called for enterprises, towns, and regions to
revise their voluntary net zero pledges within a year to comply with the
advice of UN expeU.N.s.
“It is despicable to use false “net-zero” promises as a smokescreen for
tremendous growth in the use of fossil fuels. Obviously lying, “said he at
the report’s inauguration at the COP27 summit in Egypt.