A global initiative to grow the $2 billion market for carbon offsets outlined criteria for new voluntary standards on Thursday, and said it aims to issue labelled credits by the year-end to make the unregulated marketplace more transparent.
Demand for carbon offsets - credits for emissions-reducing activity that can be generated through projects such as tree planting - is expected to increase as companies with net-zero goals buy them to cancel out emissions elsewhere.
The Integrity Council for the Voluntary Carbon Market , an independent governance body, has published its criteria for projects to achieve its new Core Carbon Principle standards. CCP approval will require many of the same features as CORSIA, such as a project having quantified monitoring, reporting and verification standards, or being unable to go ahead without the revenue from the sale of carbon credits.
Technology to capture and store carbon emissions at projects that also involve oil recovery will be excluded from the CCPs, as will any projects involving coal-fired power generation.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
CPS Energy asks San Antonio customers to conserve energy on ThursdayThe utility's request comes as temperature's continue to climb into the triple digits.
Lire la suite »
Castlevania: Nocturne Poster, Details Released; Teaser This ThursdayWith a teaser trailer dropping this Thursday, we have a poster and new character details on CliveBradley & KevinKolde's CastlevaniaNocturne to pass along. / Netflix Castlevania RichterBelmont
Lire la suite »
'Oppressive' heat to descend on NYC, NJ Thursday through SaturdayThe city has already announced it will open cooling centers Thursday as the heat index will break 100 degrees.
Lire la suite »
3 N.J. hockey players to compete in World Junior Summer Showcase starting ThursdayNew Jersey will be represented when the puck drops on the 2023 World Junior Summer Showcase.
Lire la suite »