Global Carbon Council (GCC), a voluntary carbon market based in Doha, has become the first world organization to be accredited within the United Nations (UN) Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). GCC follows strict standards and guidelines on carbon credit issuance, including the prevention of double accounting of offset, with the accreditation. Carbon credits are created by offsetting and represent the right to emit one metric tonne of carbon dioxide or an equivalent amount of other greenhouse gases. The credits can be traded on the voluntary carbon market. To achieve carbon neutrality, organizations need to measure their carbon footprints and seek to reduce as much as possible until it becomes too costly to do so. Carbon offsets open the economics of carbon neutrality, discouraging double accounting, and making it more attractive and commercially viable. Researchers can propose technologies that have environmental benefits or offset carbon emissions attractive to the carbon market so that they can get carbon credits and integrate them into their business model. GCC’s voluntary carbon offsetting program is the only CORSIA-accredited international program in the Global South and aims to help global stakeholders implement climate actions. Governments and organizations are encouraged to embrace carbon offsetting and the voluntary carbon market to prevent a further rise in temperatures beyond 1.5 degrees, aggravating the effects of climate change and to meet the Paris Climate Agreement goals.
“According to an official source, the US EPA shows no worry over the possibility of renewable diesel exceeding the Renewable Fuel Standard (RFS) mandates.”
The US Environmental Protection Agency (EPA) is currently not concerned about the recent increase in supply of biomass-based diesel, which...