Policy and Regulation

VCM's overlooked insurance system against ‘reversed’ emissions removals

Wildfires and other unforeseen events can destroy an offsetting project, reversing the removal of carbon emissions in the process. (Photo: Benjamin Fanjoy/Bloomberg)

Carbon credit registries maintain ‘buffer pools’ in the event that emissions removal is reversed by weather events. But some in this space remain unconvinced.

Voluntary carbon markets, which offer carbon emitters a way to offset their emissions by buying credits from carbon-reduction projects, should adhere to ...

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