Biden Officials Detail Integrity Principles To Boost Carbon Credit Markets

The Biden administration is outlining a set of principles it says can help ensure that voluntary carbon markets (VCM) produce high-integrity credits that companies can use to achieve climate goals, hoping to encourage greater investment in efforts that are often met with skepticism from environmental groups. “High-integrity voluntary carbon credit markets (VCMs), as well as carbon credit markets more broadly, have the potential to support decarbonization efforts within the United States and globally, accelerating net emissions reductions while reducing their...