Flutterby™! : corporate GHG emissions

Science Vol. 381, No. 6660 — Mandatory disclosure would reveal corporate carbon damages

A potentially dispositive weakness in firms’ claims to achieve “net zero” and other promises about future GHG emissions reductions is the availability of reliable data regarding whether firms are living up to their promises or engaging in “greenwashing” that does not produce real emissions reductions. Mandatory disclosure would provide a way to hold firms accountable for their promises by providing annual assessments of their own and their competitors’ progress. Such benchmarking against previous years’ emissions or peer firms’ emissions could unlock continued emissions reductions. However, to be successful, emissions disclosures have to be credible, and the regime should ideally cover all but the smallest private and public firms.

Via Grist — The true cost of climate pollution? 44% of corporate profits. — Yet governments are still pouring $7 trillion into subsidies for fossil fuels.