Sunday, July 22, 2007

Carbon offset market needs code - UK report

(Reuters) - Voluntary offsetting is distinct from buying carbon offsets
under mandatory schemes, such as the Kyoto Protocol, and
involves individuals and companies paying companies to cut
emissions on their behalf.




"Without transparency consumers will have little confidence
in purchasing or otherwise dealing in offsets, confidence that
the market needs in order to grow," the report by the House of
Commons Environment Audit Committee said.


Read more at Reuters.com Government Filings News

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