Environment, Land & Resources

Category Archives: Carbon Offsets

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China Plans to Relaunch Its Carbon Credits Program

The draft New Measure aims to enhance the environmental integrity of China’s carbon market by introducing new requirements for project registration and credit issuance. By Paul A. Davies, Jean-Philippe Brisson, Michael Dreibelbis, and Qingyi Pan China is preparing to relaunch its carbon credits program, the Chinese Certified Emission Reduction (CCER) Scheme, after suspending the program … Continue Reading

European Parliament and European Council Reach Provisional Agreement on Carbon Border Adjustment Mechanism

By Paul A. Davies, Michael D. Green, and James Bee The CBAM would seek to mitigate carbon leakage through the imposition of a levy on carbon-intensive imports into the EU, while free allowances under EU ETS would be phased out. On 13 December 2022, negotiators from the European Parliament and European Council reached a provisional … Continue Reading

DOE Announces $7 Billion for Carbon Capture, Transport, and Storage Infrastructure

Three funding opportunity announcements and a finance program provide significant investments to support carbon capture and sequestration. By Jennifer Roy, Janice Schneider, Joshua Bledsoe, and Brett Frazer Demand for carbon capture and sequestration (CCS) to meet global and national climate goals is on the rise. The International Energy Agency (IEA) 2020 World Energy Outlook suggests … Continue Reading

Canada Launches Its First Federal Greenhouse Gas Offset Credit System

The system aims to stimulate innovation in GHG-reduction activities as part of the country’s 2030 Emissions Reduction Plan. By JP Brisson, Michael Dreibelbis, and Alicia Robinson On June 8, 2022, Canada launched the Greenhouse Gas (GHG) Offset Credit System (the System) to create a “market-based incentive to undertake innovative projects that reduce greenhouse gases.”[1] The … Continue Reading

Voluntary Carbon Markets Integrity Publishes Provisional Claims Code of Practice

The Claims Code seeks to ensure the integrity of voluntary carbon markets to support achievement of the Paris Agreement goals. By Jean-Philippe Brisson, Paul A. Davies, Sarah E. Fortt, Betty M. Huber, Alicia Robinson, and Deric Behar The Voluntary Carbon Markets Integrity (VCMI) Initiative is “a multi-stakeholder platform to drive credible, net-zero aligned participation in voluntary carbon markets.” The VCMI … Continue Reading
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