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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

Canadian LNG producers have long had their eye on Article 6, a deeply contentious, nine-paragraph section of the Paris deal meant to support international carbon trading as a way to drive down emissions. Carbon Capture Backed by Carbon Offsets?

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Keeping on the Straight and Narrow

Chris Hall

There are other areas in which the TPT will have to set their own expectations, spanning from reliance on carbon offsetting and carbon capture and storage (CCS) technologies to transparency on climate lobbying. . Throwing down the gauntlet . The UK isn’t the only part of the world considering mandatory transition plans. .

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Energy Transition Accelerator

Chris Hall

And there are wider issues around the VCMs already in operation, such as credit pricing, third-party verification and reducing the risk of greenwashing. . While the ETA will offer a “fixed price” for corporates, there are concerns that too low a price could reduce the quality of the credits and expose the market to greenwashing risk. .