As carbon credits gain traction, efforts are underway to help small-scale forest landowners participate.
Carbon offsets
Posted inBusiness, Nation & World, News
More companies ditching junk carbon offsets
There’s been a sharp decline in sales in 2023, according to a Bloomberg Green analysis of the most recent public datasets covering 320,000 offset transactions.
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The carbon market’s quest to overcome its last big hurdle
Advocates say carbon credits are ready for prime time. Lawyers say they need a legal definition to become an asset as tradable as stocks and bonds.
Posted inNation & World, News
Wall Street backers see breakthrough moment for carbon offsets
A burst of corporate pledges to address emissions had sent a niche market, still only worth about $1 billion today, into a full-fledged rally.
Posted inBusiness, Nation & World, News
Carbon removal isn’t just for corporations. Individuals are paying for it, too.
A growing number of individual buyers are popping up. That includes big-name purchasers, such as Bill Gates, who has paid millions for carbon removal services.
Posted inBusiness, Nation & World
Europe’s biggest oil company quietly shelves a radical plan to shrink its carbon footprint
It hasn’t made public any new targets for developing offsets or specified how it now plans to deliver on its future climate commitments.