Energy

Greenpeace Slams China and Oil Majors for “Greenwashing” LNG With Carbon Offsets

Chinese state energy giants have emerged as major buyers of the so-called “carbon neutral LNG” which uses carbon offsets to greenwash imports of the fuel, Greenpeace said in a report on Monday. At the same time, oil and gas companies are not making progress in actual emissions reduction, the environmental campaign group said.   “Even as carbon offsetting faces a crisis of confidence at the global level, the industry is setting up shop in China,” said Li Jiatong, Greenpeace East Asia Beijing-based project leader. “For…

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