US cap-and-trade: efforts to standardise agreeements
Setting the standard for US carbon trading
After beating a legal challenge that threatened to end its carbon cap-and-trade scheme before it had even started, California has refocused on its efforts to establish what will be the largest carbon emissions market in North America and the second largest in the world after the European Union Emissions Trading Scheme (EU ETS). The eight-year, state-wide scheme will cover 85% of California's greenhouse gas emissions and be regulated by the California Air Resources Board (Carb). It is due to
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Clearer global standards and a new exchange may attract dealer entry, but supply and demand challenges remain
Achieving net zero with carbon offsets: best practices and what to avoid
A survey by Risk.net and ION Commodities found that firms are wary of using carbon offsets in their net-zero strategies. While this is understandable, given the reputational risk of many offset projects, it is likely to be extremely difficult and more…
Achieving net zero with carbon offsets: best practices and what to avoid
The race to net zero is on, with tens of thousands of firms now signed up to carbon reduction targets. The use of carbon offsets from voluntary and compliance markets will play a key role in helping firms reach their net-zero and decarbonisation goals…
