Skip to content Skip to footer

Tom Goldtooth: Carbon Trading Is “Fraudulent” Scheme to Privatize Air and Forests and Permit Pollution

The pipeline carries a highly polluting form of oil called “diluted bitumen.”

In South Dakota, the energy company TransCanada says it shut down part of its pipeline Thursday after a rupture spilled 210,000 gallons of oil in a field near Amherst. The pipeline carries a highly polluting form of oil called “diluted bitumen.” This comes amid a new report titled “Carbon Pricing: A Critical Perspective for Community Resistance,” which exposes the dangers of carbon trading, a scheme in which major companies purchase carbon credits from countries who agree to plant trees or protect existing forests. We speak with one of the report’s co-authors, Tom Goldtooth, executive director of the Indigenous Environmental Network, and Isabella Zizi from Richmond, California, home to a massive Chevron oil refinery. Chevron has said it will purchase carbon credits to offset increased pollution from a recent expansion of the Richmond refinery.

Please check back later for full transcript.

Join us in defending the truth before it’s too late

The future of independent journalism is uncertain, and the consequences of losing it are too grave to ignore. To ensure Truthout remains safe, strong, and free, we need to raise $47,000 in the next 8 days. Every dollar raised goes directly toward the costs of producing news you can trust.

Please give what you can — because by supporting us with a tax-deductible donation, you’re not just preserving a source of news, you’re helping to safeguard what’s left of our democracy.