But I'm a fan
of voluntary offset projects of this sort where the added value of a payment goes far beyond avoided greenhouse gases.
In 2011, corporate buyers continued to dominate the market, contributing $ 368 million — or nearly 65 % — of the market's total value, with European corporate buyers remaining the largest source
of voluntary offset demand.
One of those surprises came from the United States which emerged as the world's largest single - country buyer
of voluntary offsets despite the lack of impending regulations that had previously sparked demand from companies looking to get a leg up on the law.
Not exact matches
NGOs, World Bank look to «blue» portfolios Although Siikamäki's study ties successful conservation to the price
of offsets in mandatory and
voluntary carbon markets, the researchers also took into account other benefits unrelated to carbon, like maintaining species diversity.
Anja Kollmuss, a staff scientist with the Stockholm Environment Institute and the author
of two recent industry reports, says that while problems exist,
voluntary offsets «have helped to get some good projects off the ground?
«(1) any person in the United States to exchange instruments in the nature
of offset credits issued before January 1, 2009, by a State or
voluntary offset program with respect to which the Administrator has made an affirmative determination under section 740 (a)(2), for emissions allowances established by the Administrator under section 721 (a); and
Summarizes GAO's prior work examining (1) the challenges in ensuring the quality
of carbon
offsets in the
voluntary market, (2) the effects
of and lessons learned from the Clean Development Mechanism (CDM), an international
offset program, and (3) matters that the Congress may wish to consider when developing regulatory programs.
Atop a pleather stool cushion, a round painting
of leucaena leucocephala, the first tree species to be deployed en mass to combat climate change, is stickered with certified receipts
of the
voluntary carbon
offsets purchased by Assiff to cover his footprint in creating the show.
One
of the largest problems currently plaguing the
voluntary offset market in the U.S. are Renewable Energy Credits (RECs).
ACR also operates a robust and secure electronic registry system, powered by APX, for members to register California and
voluntary market projects and record the issuance, transfer and retirement
of serialized, project - based and independently verified
offsets.
«Some
voluntary programs are even writing the rules for regulated carbon markets as governments outsource a growing list
of market functions to independent bodies — leaning on their accumulated experience with carbon
offset projects.»
The study finds governments have moved beyond their traditional role
of providing oversight for
voluntary offsetting programs to now performing services ranging from the certification
of projects and development
of methodologies that reduce greenhouse emissions — to registering
offsets and educating buyers.
Several other nations are not be far behind, including Costa Rica, the Republic
of Korea and most recently South Africa — which could consider allowing
offsets of voluntary origin for use under its proposed carbon tax.
Beyond implementing national pilots to engage the private sector in carbon
offsetting, some
of these governments also view their «
voluntary» programs as the first step toward developing national climate action plans and regulated carbon marketplaces.
Nine
of the 21 programs identified in the report emerged just in the last four years, and three
of the 13 programs profiled in the report — California, British Columbia and Oregon — use
offsetting tools that were developed for
voluntary actors to underpin regional GHG regulations.
With the future
of an international climate agreement still in flux, governments worldwide are turning to markets for
voluntary carbon
offsetting to engage private sector climate actors — and to inform or provide the tools that could shape tomorrow's regulated carbon markets.
Demand for carbon
offsets on the
voluntary market grew 14 % last year to 87 million
offsets, according to Ecosystem Marketplace's Ahead
of the Curve: State
of the
Voluntary Carbon Markets 2015 report, released last week.
«
Of course the hope is that eventually we'll be able to use the verified tonnes from the Carbon Reduction Fund to partially offset those voluntary registrations [of CleanSteps customers],» said Ginger Williams of Sterling Plane
Of course the hope is that eventually we'll be able to use the verified tonnes from the Carbon Reduction Fund to partially
offset those
voluntary registrations [
of CleanSteps customers],» said Ginger Williams of Sterling Plane
of CleanSteps customers],» said Ginger Williams
of Sterling Plane
of Sterling Planet.
In both the
voluntary carbon market and California's regulated carbon market, ACR oversees the registration and verification
of carbon
offset projects following approved carbon accounting methodologies or protocols and issues
offsets on a transparent registry system.
register California and
voluntary market projects and record the issuance, transfer and retirement
of serialized, project - based and independently verified
offsets.
The first private,
voluntary offset program in the world, ACR has over 20 years
of experience in developing scientific greenhouse gas emissions accounting methodologies.
Founded in 1996 as the first private
voluntary registry in the world, ACR has 15 years
of experience in the development
of rigorous, science - based carbon
offset standards and methodologies as well as in carbon
offset issuance, serialization and transparent online transaction and retirement reporting.
With the promise
of revenue from carbon
offsets, a methane gas collection and control system at the Bi-County Municipal Landfill was built as a completely
voluntary action.
The International Carbon Reduction and
Offset Alliance (ICROA) is a not - for - profit alliance of leading carbon reduction and offset providers that provides leadership and a unified voice advocating for rigorous industry standards for the voluntary carbon m
Offset Alliance (ICROA) is a not - for - profit alliance
of leading carbon reduction and
offset providers that provides leadership and a unified voice advocating for rigorous industry standards for the voluntary carbon m
offset providers that provides leadership and a unified voice advocating for rigorous industry standards for the
voluntary carbon market.
ICROA's support
of robust standards for the
voluntary offset market is critical: Member firms currently provide carbon
offset and management services to thousands
of businesses and hundreds
of thousands
of individuals.
Subtitled «Do
voluntary carbon
offsets help counteract greenhouse gases, or are they just a way for guilt - ridden consumers to buy their way out
of bad feelings?»
To ensure
voluntary reductions receive appropriate credit and to help create an initial supply
of offset credits for California's Cap - and - Trade Program, the Compliance Offset Program allows for Early Action Offset Credits (E
offset credits for California's Cap - and - Trade Program, the Compliance
Offset Program allows for Early Action Offset Credits (E
Offset Program allows for Early Action
Offset Credits (E
Offset Credits (EAOCs).
Our work has played an important role in the development
of the
voluntary carbon market and our project principles have widely influenced the debate about what counts as a valid carbon
offset.
It should be
of great value to anybody interested in understanding how
voluntary offset use can benefit both the climate agenda and the sustainable development goals adopted last year».
They take issue with the
voluntary period
of the agreement, as well as the fact that airlines will be able to
offset their emissions rather than having to reduce them through efficiency gains or use
of biofuels, etc..
Amongst a forest
of Kyoto
offset mechanisms, mandatory cap - and - trade systems,
voluntary standards and other programs, certifications and protocols, how can you identify a program that fits your needs?
In the
voluntary carbon market there are many
offset standards, which set criteria for the selection and evaluation
of projects.
The
voluntary carbon market (VCM) supports a range
of carbon
offset projects that also deliver various socio - economic and environmental co-benefits.
67 %
of respondents reported positive and tangible business benefits from their
voluntary offset programme, ranging from reductions in energy consumption and costs, to market differentiation, winning new business and client retention, to employee engagement.
A lot
of prominent brands use
offsetting, including household names like General Motors, Delta Air Lines, and Microsoft, all
of whom were among the top five buyers on the
voluntary market in 2014.
Here, Robert Stevens from ClimateCare, a recently certified B Corporation and winner
of a Queen's Award for Sustainable Development for its outstanding contribution to tackling climate change and alleviating poverty, responds to some
of the common questions that surround carbon
offsetting, to help you decide if a
voluntary carbon
offset programme should be part
of your business's carbon management strategy.
Paying to reduce an equivalent amount
of carbon emissions through
voluntary carbon
offsetting is the most cost effective, fast and efficient way
of doing this.
In the early days
of carbon markets in the early 2000's,
voluntary offset quality was a mixed bag — some projects were well - planned and some were not.
Despite the lack
of mandated standards for
voluntary carbon
offsets, marketers should generally avoid making false or misleading environmental claims.
Requires the EPA Administrator to issue regulations allowing: (1) any person to exchange instruments in the nature
of offset credits issued before January 1, 2009, by an approved state or a
voluntary offset program for emission allowances; and (2) the EPA Administrator to provide compensation in the form
of emission allowances for other documented early reductions or avoidance
of GHG emissions or GHGs sequestered before January 1, 2009, that meet specific conditions.
Virtually all
of the activity documented in the report took place in the
voluntary markets, while most media coverage
of carbon trading has focused on the European Union's top - down Emissions Trading Scheme (EU ETS) that was initiated to handle credits and
offsets generated under the United Nations Framework Convention on Climate Change (UNFCCC).
The urgency
of the challenge has prompted a number
of new initiatives from business - oriented environmental groups that aim to reassess — and reimagine — the role
of voluntary carbon
offsetting in helping to generate the finance needed to protect the climate.
In 2012 American Carbon Registry demonstrated continued leadership in the
voluntary carbon market, reaching a milestone
of issuance
of over 37.5 million
offsets.
We're pleased to report that new
offset projects are already in the development pipeline utilizing the four new
voluntary carbon
offset methodologies approved by ACR in 2012 including a first -
of - akind methodology for emissions reductions from
«(1) any person in the United States to exchange instruments in the nature
of offset credits issued before January 1, 2009, by a State or
voluntary offset program with respect to which the Administrator has made an affirmative determination under section 740 (a)(2), for emissions allowances established by the Administrator under section 721 (a); and
One approach is passing the carbon cost on to passengers in the form
of voluntary carbon
offset purchases.
We're pleased to report that new
offset projects are already in the development pipeline utilizing the four new
voluntary carbon
offset methodologies approved by ACR in 2012 including a first -
of - akind methodology for emissions reductions from Restoration
of Degraded Deltaic Wetlands, a rigorous and pragmatic methodology for Reduced Use
of Fertilizer on Agricultural Crops, a ground - breaking methodology for Truck Stop Electrification that offers air quality co-benefits, and long - awaited REDD methodology modules.
The Regional Analysis examines the geography
of voluntary carbon markets — where
offsets are produced, how prices, project types, and standards vary by location, as well as developments shaping the carbon market in each region.
Established in 1996 as the first
voluntary GHG registry in the world, ACR has over 15 years
of unparalleled
voluntary carbon market experience in the development
of rigorous, science - based
offset methodologies and operational experience in the oversight
of offset project verification, registration,
offset issuance and retirement reporting.
When the US state
of California's cap - and - trade program came into force in 2013, many buyers that had voluntarily purchased
offsets in prior years (averaging 10 million tonnes / year) to prepare for the law last year began obtaining the same
offsets — which had their origins in the
voluntary market — to comply with the law.