Fig. 2: Costs of purchasing carbon credits for voluntary emission offsetting relative to companies’ capital expenditure (CAPEX) during the reported year. | Nature Communications

Fig. 2: Costs of purchasing carbon credits for voluntary emission offsetting relative to companies’ capital expenditure (CAPEX) during the reported year.

From: The negligible role of carbon offsetting in corporate climate strategies

Fig. 2

Minimum estimates (blue) are based on the lowest reported carbon credit price among companies in the sample (easyJet) for 2022, and maximum estimates (red) are based on data from Ecosystem Marketplace (2023)60. Reported CAPEX shares (green) indicate that companies reported total spending for carbon credits in 2022. The figure includes the 15 companies with the highest share of funds spent on carbon credits relative to their CAPEX.

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