Comment | Worrying about your carbon footprint is exactly what big oil wants you to do

And BP was not the only major oil company to deliver this message. A study published in the May issue of One Ore magazine by Naomi Orex and Jeffrey Superran in Harvard. Since 1972, Excon Mobile has been using a series of talks aimed at “shifting responsibility from climate change to consumers.”

Yes, those consumers need hot showers, hot houses, and cold beer to supply coal, oil and gas. However, fossil fuels did not have to be burned for those purposes. Now there are other ways to generate energy, and the responsibility for using those renewable resources rests with the world’s energy companies.

Today, 20 years after the BP carbon calculator went live, a company’s carbon footprint is still the gold standard for corporate climate action. The phrase is kept strictly in the local dictionary.

The idea of ​​compensating for greenhouse gas emissions by reducing or eliminating greenhouse gas emissions in one place has grown into a huge industry. Businesses often do this by purchasing carbon credits to offset emissions they cannot or will not reduce. “The carbon credit market could be over $ 50 billion by 2030,” says consulting firm McKensey.

Many of these compensators write worthwhile projects – in some of the world’s largest forests, such as the Amazon, or by deploying solar energy to prevent the spread of virginity. However, according to a private sector task force analysis on voluntary carbon markets, By 2020, less than 5 percent of offset carbon dioxide will be released from the atmosphere.

Of course, we have a lot to do.

Massive, strategic problems such as climate change must be addressed as well as other major environmental challenges that the world has successfully addressed — for example, reducing ozone-depleting chemicals around the world, and significantly reducing fog and water pollution in the United States. In response to the expansion of the ozone layer, consider if businesses and governments say, “We hope businesses do the right thing.” Instead, international policymakers have developed a Montreal protocol that eliminates the use of chlorofluorocarbon, a ozone depletion.

We want that approach even more – citizens, businesses and governments are working together to solve this crisis. It could lead to policy solutions such as government regulation, effective carbon tax, national standards for renewable energy and electrification, old subsidies for the fossil fuel industry, strict car emission standards, and new national building codes. All of these approaches endanger the fossil fuel business model and help reduce global warming.

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