this post was submitted on 05 Jul 2025
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Climate Change

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  • Through its 2021-founded subsidiary MyCarbon, Brazil’s meat processing giant Minerva Foods is emitting and selling carbon credits to big oil companies that are in a rush to move away from a polluting stigma.
  • Some credit-obtaining projects, however, face criticism over a lack of transparency and procedural perils. The controversies include unfulfilled promises to restore degraded ecosystems, such as the biodiverse Cerrado pasturelands, and halt deforestation within Amazon areas.
  • The case raises concerns that the carbon market may be rubber-stamping the maintenance of industrial activities with high ecological impact, without truthfully contributing to the reduction of greenhouse gas emissions and other environmentally damaging practices.

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