Current Climate: Trying To Wring Greenwashing Out Of The Carbon Market

or years companies have trumpeted efforts to be carbon-neutral, often relying on so-called offsets purchased from large-scale renewable power projects or organizations planting trees rather than fundamentally changing how they operate. But a lack of official oversight has led to accusations such efforts are typically little more than corporate greenwashing and.

“Where national action has been slow or non-existent, cities are once again showing climate leadership from below by aligning policies on advertising with their health and climate commitments,” said Andrew Simms, cofounder of the U.K.’s Badvertising group, which campaigns against ads that promote polluting companies.

Is there a pullback in money flowing into clean energy after several failures for electric vehicle and battery startups that went public via SPAC listings? From an investment perspective, we're pretty excited right now. It feels like 2002 or 2003 in the tech world after the Nasdaq bubble burst. We had $1.8 trillion flowing into energy transition last year. It’s almost twice as much as traditional energy. So the money is pouring in. Our sector had flat electricity demand for almost 20 years. Right now we are supply-constrained. We could probably grow 3X, so all the lights are green.

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Current Climate: Election Puts $1 Trillion Of Clean Energy Funding At RiskAlan Ohnsman is a Forbes senior editor who covers cleantech and advanced transportation. He joined Forbes in 2016 and works in Los Angeles. He co-authors the Current Climate newsletter, writes about promising clean energy developments and has covered Tesla since 2006, when he was with Bloomberg News. He has a graduate degree in journalism and a B.
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