Corporate carbon offsets market 'not working', CCC warns

Michael Holder
clock • 5 min read
Demand for carbon offsets expected to surge as more companies target net zero | Credit: iStock
Image:

Demand for carbon offsets expected to surge as more companies target net zero | Credit: iStock

Lack of guidance, standards, and regulations underpinning carbon offsetting risks slowing net zero transition, the Climate Change Committee has today warned

Corporate offsetting and voluntary carbon markets "aren't working" due to a lack of clear guidelines, standards, and regulations that is allowing businesses to avoid taking responsibility for cutting their...

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