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A Shaky Mega-Project Risks Throwing Carbon Offsets Into Chaos.
- Source :
- Bloomberg.com; 10/28/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- (Bloomberg) -- It's been a brutal year for the developers of Kariba, one of the planet's largest carbon projects. And making up for excess credits that have already been issued could require operating the site for years - or even decades - without new sales, according to Sylvera, a London-based firm that examines the quality of carbon projects. Verra, the Washington, DC-based nonprofit that creates rules for carbon offsets and oversees the Kariba project, announced it would put the project "on hold" pending an investigation. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 173275755