Even with Moves toward Transparency, Corporate Climate Pledges and Carbon Offsets Will Be Complicated - Joseph Aldy

May 12, 2022, Opinion: "Thousands of publicly traded companies have recently adopted net-zero greenhous gas (GHG) emissions goals. The “net” in “net-zero” indicates that these firms expect to attain their goal, in part, through the use of emissions offsets that can reduce emissions, or remove emissions from the atmosphere, to make up for the difficult-to-eliminate, residual emissions within their corporate footprint. These companies, as well as other companies with their own diverse types of emissions goals, have spurred a growing demand for offsets in the voluntary carbon market, which some forecasters estimate could grow to $50 billion per year (or more) by 2030." Read Via Resources

HKS Faculty Author - Joseph Aldy