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Euromoney Will Brazil s rural law limit carbon offsetting project volume?

Carbon scientists working in the Amazon in Brazil Carbon scientists working in the Amazon in Brazil On paper, Brazil should be one of the most attractive markets for carbon offsetting projects. The vast majority of carbon sequestration projects will come through forestry and re-forestry projects and the country offers huge scale and opportunity for both protecting and re-growing two types of forest biomes – the Amazon and the Atlantic. Market participants have welcomed the evolution of the structure of the voluntary carbon offsetting market. The Taskforce on Scaling Voluntary Carbon Markets (TSVCM), led by former governor of the Bank of England Mark Carney, aims to encourage this growth by adding transparency around the rules and prices of such schemes. This rules and systems-based approach to carbon offsetting credits will allow greater corporate adoption of the tool as more seek to achieve carbon neutrality objectives.

EIR LEAD EDITORIAL FOR WEDNESDAY, DECEMBER 30, 2020

SUBSCRIBE to EIR Daily Alert Service The Malthusian Green Finance Scam Must Be Crushed Dec. 29, 2020 (EIRNS) The world’s central bankers, guided by former head of the Bank of England Mark Carney, have activated their genocidal plan to use the power of the central banks and the associated “too big to fail” mega-banks to take over economic policy from elected governments, cutting off credit to any business which produces what they consider to be too large a “carbon footprint.” The fact that carbon has nothing to do with climate is known to every competent scientist in the world those who rely on creative mentation rather than computer projections.

London School of Economics

London School of Economics
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