Mitsubishi wants to be the world’s carbon broker

April 28, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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Pedestrians walk past the front of Mitsubishi Motors Corp. headquarters office in Tokyo on Thursday, June 23rd, 2005. | Photo by Haruyoshi Yamaguchi / Bloomberg via Getty Images

Mitsubishi wants to be the world’s biggest dealer of carbon removal credits. Keep in mind that the company has its hand in many of the most polluting industries out there — from producing cars to natural gas, coal, petrochemicals and plastics. And carbon credits have become a popular way for corporations to keep on polluting while claiming to fight climate change.

This week, the company announced a joint venture to set up what it says is the world’s biggest portfolio of carbon removal credits. The credits represent tons of carbon dioxide taken out of the atmosphere through a range of still contentious tactics for dealing with climate change.

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

Mitsubishi wants to be the world’s carbon broker

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