Accounting, offsetting and sequestering: UK urged to set up carbon regulator on road to net-zero
To ensure that emissions reductions are delivered in line with the Paris Agreement and forthcoming carbon budgets, and that the carbon offsetting and removal markets do not greenwash as they scale, the UK could set up a dedicated regulator.
The new body could be supported by organisations like the Environment Agency and CCC, the report states
That is according to a new report today (29 April) from the Energy Systems Catapult.
The report sets out the case for a body that would be responsible for ensuring that the Government’s methods for measuring and estimating emissions are accurate; that sectors deliver emissions reductions in line with national and international targets; and that fast-growing sectors such as international offsetting and carbon capture and storage (CCS) are not used to greenwash.
New carbon markets data platform launched to ensure transparency and integrity in growing voluntary markets streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
9 Net Zero and carbon offset myths, busted
Published 2 hours ago
Carbon offsetting is a robust, immediate and measurable way for businesses to take responsibility for their current carbon footprint now, whilst on their journey to Net Zero. Yet many businesses are still reluctant to offset their carbon emissions. Why is that?
Most likely because there are so many misconceptions that are out there around offsetting. In this article Vaughan Lindsay, CEO of ClimateCare, wants to bust many of those myths that are currently out there and give your business the facts it needs as it journeys towards Net Zero.
Read on to bust nine Net Zero and carbon offset myths…
New carbon markets data platform launched to ensure transparency and integrity in growing voluntary markets
April 27, 2021 15:15 ET | Source: Forest Trends Forest Trends Washington, District of Columbia, UNITED STATES
Washington DC, April 27, 2021 (GLOBE NEWSWIRE)
Today Forest Trends’ Ecosystem Marketplace, a nonprofit globally recognized leader in fostering voluntary carbon markets’ transparency, launched a powerful new data platform for tracking and analyzing carbon markets and voluntary offsetting by corporations, governments, non-profits, individuals, among others.
The Ecosystem Marketplace (EM) Global Carbon Hub’s Data Intelligence & Analytics Dashboard provides carbon offset transactions, deliveries, issuances, and retirements data and analysis. EM’s unique dataset of pricing and volumes data comes from an international network hundreds of carbon market participants reporting to the EM Global Carbon Survey
20 April 2021 11:40 GMT Updated 20 April 2021 12:47 GMT
OPINION: Key parts of the oil and gas industry have signaled their determination to play their part in trying to meet the Paris climate goals.
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Those at the forefront of change such as Shell, Equinor, BP and Eni are gradually stepping up investment in renewable power.
They are also relying on significant use of carbon “offsets” to meet the net-zero emissions targets they are setting themselves.
Tree-planting initiatives
The European oil majors are not alone. Aviation and industrial sectors are using carbon credits while they wait for cleaner fuels to hit the market.