Clarity is the key to confidence in voluntary carbon markets
Voluntary carbon offset schemes could significantly help attempts to cut greenhouse gas emissions if their effectiveness can be proven
Companies that cannot avoid emitting carbon are keen to fund ways of cutting their emissions by other means, although honest accounting is needed
GET OUT CLAUSE The effectiveness of carbon offsets is hard to quantify
CLEAR THINKING Greater clarity will be needed in the scaling up and securitisation of offset schemes
KEY QUOTE The problem is when carbon offsets are seen as a miracle solution that spares companies from having to reduce their carbon emissions ...
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