After careful consideration of the PDD in the given time, we conclude that if approved, this project would lead to an excess issuance of Certified Emissions Reductions (CERs) of beyond any actual emissions reductions and therefore must not be validated for a number of significant concerns.

Spillover: Shell and TotalEnergies’ expansive roles in the voluntary carbon market
Major oil and gas companies Shell and TotalEnergies are not simply participating in the voluntary carbon market, they have embedded themselves across its value chain,

