Part two: COP28 host’s favoured carbon credit climate solution a stitch-up for more fossil fuels

Part two: COP28 host’s favoured carbon credit climate solution a stitch-up for more fossil fuels

In part one of this two-part article series, the Canary reported that UAE-based carbon credit company Blue Carbon LLC – under the patronage of sheikh Ahmed Dalmook Al Maktoum – has been amassing land agreements with governments across Africa and the Pacific. The organisation’s latest land-grab amounts to some 7.5m hectares of exclusive land development rights in Zimbabwe.

Now, in part two, in case you were in any doubt that the carbon credit company isn’t a front for maintaining the environmentally-destructive status quo, you can look no further than it’s ties to Oracle Energy – a solar company registered in Plymouth, UK. Blue Carbon LLC signed a Memorandum of Understanding (MOU) with the firm at its launch.

Read more: thecanary.co

Photo: thecanary.co

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