Carbon Credits May Garner Enhanced Credibility Through Better Impact Measurements

EU open to carbon offsets on path to 2040 emissions target

The European Commission has controversially proposed allowing international carbon offsets to help meet the EU’s 2040 climate targets, raising concerns about outsourcing the emission reduction actions.

Carbon credits may garner enhanced credibility through better impact measurements

Carbon credits are used by companies as a way to offset their greenhouse gas emissions (GHGs) by investing in projects that reduce or sequester carbon. These carbon offsets are used in many industries where the ecological transition requires significant financing (e.g. forestry, agriculture, transport, construction, waste management). However, inaccurate baseline scenarios for projects and their impacts can cast doubt on the credibility of these…

EU to allow international carbon credits in 2040 emissions reduction ...

ETS2 Uncovered: Navigating The Future Of EU Emissions Trading Whitepaper

Whitepapers ETS2 Uncovered: Navigating the Future of EU Emissions Trading | Whitepaper ETS‑2 expands the EU’s emissions trading system to include new sectors like road transport, speed up decarbonisation and aim for a 42% cut by 2030 and net zero by 2044. Download the whitepaper to learn all about ETS-2 and which actions are relevant for companies that are directly or indirectly affected by this new regulation. Identify the relevant actio…

Abrogation of responsibility: EU outsources its emissions

EU sets up Scientific Advisory Board on Climate Change and then disregards its advice. The European Commission unveiled a rushed-through proposal for a 2040 emissions reduction target today that runs counter to the advice of the independent scientific body the EU itself set up. The text controversially includes the possibility to outsource emissions reductions to other countries through the international carbon credit mechanism, which contradict…