Tesla Roadster in Earth orbit

Billionauts’ space tourism and Mars fantasies need to be pulled back to Earth

Space has become the final frontier for tourism. But is it responsible during a climate crisis for the super-rich to play billionauts and boldly go where no billionaire has gone before in search of a Planet B? Tech billionaire and pioneering space tourist Jared Isaacman is back and he is on a mission to boldly …

Plant in cup with coins

New CMW study and SBTi assessment highlight risks associated with carbon offsetting

Fresh evidence published by the Science Based Targets initiative (SBTi) confirms the unsuitability of carbon offsetting to meet emissions targets, echoing the findings of a new Carbon Market Watch study that casts doubt over the fairness of financial flows in the voluntary carbon market (VCM).

Listen to the science

Science Based Targets initiative (SBTi) Board of Trustees’ decision on offsetting undermines science and endangers the climate

Carbon Market Watch strongly condemns the SBTi Board of Trustees’ announcement to recognise carbon credits as a way to “abate” scope 3 emissions. These indirect, value chain emissions usually make up the lion’s share of a company’s carbon footprint.

Skyscrapers

2030 climate targets of over 50 top corporations significantly off track to keep within 1.5°C limit

At a time when global carbon emissions need to be almost halved by 2030, 51 major corporations’ climate commitments amount only to reducing their median carbon footprint by as little as 30%, reveals the 2024 Corporate Climate Responsibility Monitor. Tighter regulations from governments are needed to raise the bar, both for companies which are taking insufficient action, and those who are not doing anything at all.