The Biden administration is spending $150 million to help owners of small parcels of forestland partner with private companies willing to pay them for carbon offsets and other environmental credits. Agriculture Secretary Tom Vilsack announced the program Tuesday in Georgia at a meeting of Black landowners from eight Southern states.
A consumer class action lawsuit filed Tuesday claims Delta Air Lines inaccurately billed itself as the world's "first carbon-neutral airline" and should pay damages. The complaint in federal court in California alleges the airline relied on carbon offsets that were largely bogus.
Many companies mislead by using accounting practices that make their environmental goals relatively meaningless or exclude parts of their businesses in their calculations, NewClimate Institute finds.