Under pressure from customers and investors, many U.S. companies have pledged to voluntarily reduce their impact on the climate. But that doesn't always mean they're cutting their own greenhouse gas emissions.
Investigations of forest-offset projects have suggested that many aren't as effective at sequestering carbon as they claim, raising concerns over the validity of carbon offsetting.
Our team at the Climate, Health and Energy Equity Lab believes that corporate offset dollars should focus on improving energy efficiency in low-income housing, which reduces emissions and enhances livelihoods.
On average, low-income households in the U.S. spend 6% to 10% of their income on energy, making energy efficiency upgrades a critical investment for both climate and community benefit.
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