Tasty TajarinNorthern Italian Pasta Pairing | SaltWire #cookingshorts #cookingrecipes #cookingreelLONDON -A leading judge of corporate climate action plans said it will allow companies to use carbon credits to offset their supply chain pollution despite concerns it could see emissions rise, a move that should see demand for offsets grow.
SBTi had previously not allowed offsets in case it dissuaded boards from actually cutting emissions, but many have struggled to align their plans with the world's climate goal amid weak government action, still nascent technical fixes and high costs. Over time, as the policy and technical hurdles dissipate, the hope is the offsets are not needed, or can at least be reduced.
The decision is in line with a move by the Voluntary Carbon Markets Initiative to expand the use of high-quality carbon credits, yet a source with direct knowledge of the matter said the decision could result in zero emissions reductions by 2035.