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.