US government to consider cap-and-trade legislation this year
Edward Markey, chair of the House of Representatives Energy and Environmental Subcommittee, said in February that it would aim to complete draft legislation addressing the issue of climate change by Memorial Day (May 25) this year. The chair of the Senate Environment and Public Works committee, Senator Barbara Boxer, said at a separate February press conference that work on draft climate change legislation would also begin this year in the Senate.
Both legislators emphasised the importance of
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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…