Sentences with phrase «unregulated voluntary markets»

However, according to Professor Rosemary Rayfuse, an expert in International Law and the Law of the Sea at the University of New South Wales, Australia, who also attended the Woods Hole meeting, ocean fertilization projects are not currently approved under any carbon credit regulatory scheme and the sale of offsets or credits from ocean fertilization on the unregulated voluntary markets is basically nothing short of fraudulent.

Not exact matches

The European Union, home of the EU Emissions Trading System, hosts the largest number of buyers — both compliance - driven and voluntary — since even companies in unregulated sectors are more familiar with market - based mechanisms for emissions reductions.

This investigation followed an investigation in 2005 by the then Department of Constitutional Affairs (DCA) who, while finding issues in the unregulated market for will - writing services, concluded that voluntary regulation, such as a code of practice approved by the Office of Fair Trading (OFT), might be a proportionate solution.