About a decade ago I was at a climate conference at MIT, and talked with someone who said she'd gone to visit several certified carbon projects that turned out to not exist at all.
The founders still blame "woke" scientists for outing their scheme and doubting their "science." Of course, neither founders have any prior scientific or engineering experience. It's maddening talking them. I've met never anyone who is both anti-science but calls themselves scientists. Huh?
EDIT: I should add that they have pivoted to AI, as you of course expected.
Makes me wonder how many other companies if not entire industries largely exist for money laundering and don't otherwise actually do anything.