2008 could be tipping point for voluntary carbon markets
16th January 2008
Global warming has been successful in creating a growing consciousness to trade carbon emission. World over experts have been analyzing the carbon markets and various studies are being held out to tap the benefits of carbon.
However, there remains a huge untapped potential in the voluntary carbon markets waiting to be explored. Year 2008 could very well be the tipping point for the voluntary carbon markets.
Dr Anne-Marie Warris, expert on climate change with Lloyd’s Register Quality Assurance (LRQA), is quoted in this article, “The voluntary carbon market refers to any sale or purchase of emission credits or emission reductions that occur outside a regulated market. A regulated market is one set up by governments such as Clean Development Mechanism (CDM) and European Union Greenhouse Gas Emission Trading Scheme (EU ETS).”
