Vitol Offers Green LNG to Customers
Mar 2, 2021 10:05:am
Summary
by: Joe Murphy
Posted in:
Vitol Offers Green LNG to Customers
Vitol announced on March 1 it would offer its customers so-called green LNG cargoes that have had their CO
2 emissions offset from wellhead to the terminal (delivered ex ship).
The Dutch commodities trader will offset the emissions by cancelling verified emissions reduction (VER) certificates, awarded to projects that decrease or avoid CO
2 emissions. VER certificates are issued by the UN Clean Development Mechanism, Verified Carbon Standard (VERRA), Gold Standard, American Carbon Registry, China Green House Gas Voluntary Emission Reduction Programme and Climate Action Reserve.