The UK Government should open a national ‘office for carbon removal’ in order to verify that carbon offsets purchased by businesses in the drive for compliance with its net-zero target have a tangible climate impact. That is one of the key calls to action from think tank Green Alliance, in a new report supported by Heathrow Airport. Entitled ‘the flight-path to net-zero: making the most of nature-based carbon offsetting’, the report highlights previous analyses concluding that 73% of carbon credits created under the UN’s Clean Development Mechanism, in its current form, are unlikely to lead to real-world carbon removal or mitigation. This gap between offsetting claims and reality, Green Alliance explains, is likely down to a combination of inaccurate data on both real-world implementation and the effectiveness of certain practices; double-counting; and unintended negative consequences on issues such as biodiversity.
Edie 2nd April 2020 read more »
The government is today facing calls to move swiftly to establish a new watchdog to oversee an anticipated surge in the development of carbon offsets through new nature-based approaches to emissions reduction. Leading think tank Green Alliance has today published a new report detailing how carbon offsets are set to play a growing role in efforts to deliver on both the UK’s net zero emissions target and similar goals set by leading businesses.
Business Green 2nd April 2020 read more »