Taylor Swift’s Carbon Allowance – WSJ

Taylor Swift’s Carbon Allowance - WSJ

No one escapes the climate police these days, and that includes Taylor Swift. The pop star has been criticized recently for emitting CO2 on her frequent trips on a private jet to see her beau Travis Kelce play for the Kansas City Chiefs. But not to worry. A spokesperson for the entertainer says Ms. Swift has been buying carbon offsets.

Ah, yes, offsets. The mega-star joins a growing concert of companies and countries that are using these climate indulgences to offset their CO2 emissions. These privately issued credits let them pretend to be reducing emissions even when they’re not. While the credits have a notional financial value, their primary purpose is to deflect criticism.

Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top