You are here

Conservation International

Corporate net zero goals: solution or deception?

By Elizabeth Perry - Work and Climate Change Report, March 16, 2021

Climate change superstar Mark Carney set off a media flurry in a video interview with Bloomberg Live on February 10, in which he claimed that Brookfield Asset Management is a “net zero” company because its renewables investments offset emissions from its other holdings. Carney reflects a new trend of corporate aspirational statements, for example: Jeff Bezos’ corporate network The Climate Pledge claimed in February that 53 companies across 18 industries have committed to working toward net-zero carbon in their worldwide businesses, most by 2050. Recent high profile examples include Royal Dutch Shell , Canada’s TD Bank  and Bank of Montreal, and FedEx , which on March 5 announced its goal to be carbon-neutral by 2040 as well as an initial investment of $2 billion to start electrifying its delivery fleet and $100 million to fund a new research centre for carbon capture at Yale University.

Will these corporate goals help to reach the Paris Agreement target? Many recent articles are skeptical, labelling them “sham”, “greenwash”, and “deception” which seeks to protect the status quo. Some examples:

The climate crisis can’t be solved by carbon accounting tricks” (The Guardian, March 3) which offers a concise explanation of why “Disaster looms if big finance is allowed to game the carbon offsetting markets to achieve ‘net zero’ emissions.”

Global oil companies have committed to ‘net zero’ emissions. It’s a sham” by Tzeporah Berman and Nathan Taft (The Guardian, March 3) – which instead advocates for an international Fossil Fuel Non-Proliferation Treaty.

Call the Fossil Fuel Industry’s Net-Zero Bluff” by Kate Aronoff in New Republic. She writes: “This isn’t the old denialism oil companies funded decades ago. … Instead of casting doubt on whether the climate is changing, this new messaging strategy casts doubt on the obvious answer to what should be done about it: i.e., rapidly scaling down production….. For now, it’s one part creative accounting and many parts a P.R. strategy of waving around shiny objects like biofuels, hydrogen, and carbon capture and storage.”

Can the market save the planet? FedEx is the latest brand-name firm to say it’s trying” in the Washington Post , which quotes Yale Professor Paul Sabin, warning that “carbon capture research also should not become an excuse for doubling down on fossil fuel consumption, or delaying urgently needed policies to move away from fossil fuel consumption, including the electrification of transportation.”

Does the Environmental Movement Speak for You?

By Burkely Hermann - Originally published at State of Nature, Spring 2013; reposted by permission of the author.

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.

For years, I thought the big environmental organizations were on my side. Just look at the nice logo for the World Wildlife Fund which has a polar bear as its image and the Defenders of Wildlife with wolves howling in the background. However, as I entered my first year of college I had a rude awakening. In researching for a talk, I found that companies ranging from the worst polluters to health insurance firms had representatives on the boards of these organizations. Over two months later I followed up on this and my anger was even greater as I woke up to the reality. In 2008, when the anger over the Sierra Club partnering with Clorox spread nationwide, NBC News quoted Gwen Ruta, a vice president of the Environmental Defense Fund, as saying that “partnerships between businesses and advocacy groups can be good for the planet and a company’s bottom line.” I asked myself: are these huge environmental organizations corrupted by the business community and the two-party oligarchy?

Let us jump back to the Forward on Climate protest in DC on February 17th. I went to the protest on this very cold day and wrote something everyone should keep in mind. Looking back, I remember how the rally before the march on the White House seemed like an Obama rally, and a bit like a rock concert. While there were college students and people of all persuasions – races, genders and ethnicities – the rhetoric of the speakers deeply worried me. My friend, who was also equally critical of Obama, concurred. While there were some good speakers such as indigenous rights groups and 350.org founder Bill McKibben, there were also a number of Obamacrats, such as Sheldon Whitehouse, the sponsor of the internet censorship bill, SOPA, and Van Jones, who formerly worked as Obama’s “green jobs” czar. Also, there were some strange speakers like an investment banker, an actor on a reality TV show, a commentator who has a CNN show and the Sierra Club President. It seemed to me that this rally was trying to channel all of the people there to have one demand: end the Keystone XL pipeline. I still think that people were thinking for themselves, and the march itself was inspiring to see, but it seems a lot of people took in the pro-Obama rhetoric without questioning it. As a result, I now believe that the permitted and approved march was almost worthless, and was a waste of time because no sort of political change came, especially since these “pseudo-protests” were on a Sunday, when the federal government wasn’t in town, meaning they were not a threat.

You may wonder how this ties into the environmental movement. Major “partner organizations” of this the Forward on Climate protest included the National Audubon Society, the Sierra Club (a main sponsor), Environment America, the National Resources Defense Council (NRDC), National Wildlife Foundation (NWF), World Wildlife Fund (WWF) and the Wilderness Society. These organizations are part of what will be referred to throughout this article as “Gang Green,” (or Big Green) a moniker which represents the top ten groups in the mainstream environmental movement, all of which have huge staffs and a good number of lobbyists, and bring in millions each year. Journalist Naomi Klein recently wrote in The Nation about these groups, saying how the divestment campaign pushed by young activists has missed an important target: Big Green, which has

led the climate movement down various dead ends [including] carbon trading, carbon offsets, [and] natural gas as a “bridge fuel”… [because] the groups pushing hardest for these false solutions took donations, formed corporate partnerships with [or have stock in] the big emitters… [including] Conservation International… [the] Wildlife Conservation Society… WWF [World Wildlife Fund]… the National Wildlife Federation [and]… the Nature Conservancy.

As Klein says, “the message to Big Green is clear: cut your ties with the fossils, or become one yourself.”

The Fine Print I:

Disclaimer: The views expressed on this site are not the official position of the IWW (or even the IWW’s EUC) unless otherwise indicated and do not necessarily represent the views of anyone but the author’s, nor should it be assumed that any of these authors automatically support the IWW or endorse any of its positions.

Further: the inclusion of a link on our site (other than the link to the main IWW site) does not imply endorsement by or an alliance with the IWW. These sites have been chosen by our members due to their perceived relevance to the IWW EUC and are included here for informational purposes only. If you have any suggestions or comments on any of the links included (or not included) above, please contact us.

The Fine Print II:

Fair Use Notice: The material on this site is provided for educational and informational purposes. It may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. It is being made available in an effort to advance the understanding of scientific, environmental, economic, social justice and human rights issues etc.

It is believed that this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have an interest in using the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. The information on this site does not constitute legal or technical advice.