Why the Carney Taskforce on carbon offsetting misses the mark

clock • 9 min read

The drive led by the former Bank of England Governor to establish a global carbon offset market lacks emphasis on how offset quality will be defined, argues Eli Mitchell-Larson of the University of Oxford's Saïd Business School

Carbon offsetting is once again booming, driven by a flurry of net zero commitments from businesses and institutions. But controversy over offsetting persists. The Mark Carney-led Taskforce for Scaling...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Offsets

Atom bank snaps up 25 acres of woodland in bid to become 'carbon positive' by 2035

Atom bank snaps up 25 acres of woodland in bid to become 'carbon positive' by 2035

Durham-based digital lender buys former open cast coal mine site in Northumberland in move it claims will offset all of its operational emissions since it was founded in 2014

Stuart Stone
clock 19 November 2024 • 5 min read
Global scientist group urges firms to target 'real zero' rather than net zero emissions

Global scientist group urges firms to target 'real zero' rather than net zero emissions

More than 60 climate experts urge businesses and governments to immediately adopt 'real zero' targets within Paris Agreement guardrails

Stuart Stone
clock 28 October 2024 • 4 min read
Verra cancels five million 'overissued' cookstove credits listed by C-Quest Capital

Verra cancels five million 'overissued' cookstove credits listed by C-Quest Capital

Millions of credits nixed from credit registry shortly after it is confirmed former CEO of carbon credit firm is facing US fraud charges

Cecilia Keating
clock 18 October 2024 • 3 min read