Reposted by Keith Stewart
Starbucks’ rollback of its climate commitments is just the latest example of why voluntary climate standards like net zero are only useful when coupled w/ credible threats of regulation or (gasp!) *actual* rules on climate action. Mini 🧵
ft.com
Starbucks retreats from green goals amid drive for $2bn in cost cuts
Early corporate champion of climate action scales back or reviews targets to halve emissions, waste and water use