Mariners setting sail under stormy skies and equipped with incomplete maps risk being blown off course or running aground on hidden shoals. Companies considering the use of carbon credits from nature as offsets in their climate mitigation strategies face similar risks, as standards and norms for such use remain unsettled.
A new WRI paper1 provides guidance to help companies...
This document provides a detailed summary of the greenhouse gas (GHG) offset provisions in the American Power Act, which was introduced by Senators Kerry and Lieberman on May 11, 2010.[^1]
This summary provides a concise overview of the American Power Act (APA) released as a discussion draft by Senators John Kerry and Joseph Lieberman on May 12, 2010.
Payments for ecosystem services are becoming an increasingly important part of the U.S. business and regulatory landscape. As programs that provide payments for ecosystem services grow, policy makers will need to determine how these various payments should interact with each other.
S.1733, the Clean Energy Jobs and American Power Act (CEJAPA) also known as the Kerry Boxer bill , provides a number of important provisions that will ensure that offsets used in the U.S. cap-and-trade program represent real, additional, measurable and verified greenhouse gas (GHG) emission reductions.
There are two ways the U.S. government could bring consistency and credibility to the voluntary carbon offset market: endorse an existing program and provide guidance, oversight and/or enforcement.