The European Commission today released the number of international carbon offsets used for compliance in the EU emissions trading scheme (ETS) during 2011. Sandbag’s initial analysis shows that in 2011 a total of 254million offsets were surrendered worth an estimated €2.6bn.
Influx of carbon offset credits adds to pressure on EU’s faltering emissions trading scheme
by Rob Elsworth | May 2, 2012 | Press releases