Ten-fold Increase in Carbon Offset Cost Predicted
Prices of carbon credits used by companies to offset their emissions are currently low, due to an excess of supply built up over several years. According to recent research at the University of London, without the excess supply, prices would be around $15/tCO2e higher, compared to $3-5/tCO2e today. (tCO2e means tonnes of carbon dioxide equivalent, “carbon […]