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In 2012, South Pole acquired a major stake in Australian carbon farming project developer and offset retailer, Sydney-based Climate Friendly. [4] In 2017, the company acquired Climate Friendly's domestic and international carbon and renewables division outright, which at that point was a majority-owned subsidiary of the South Pole. [5] In 2019 ...
For example, for every 1.1 tons of carbon a company removes from the atmosphere, it might sell a credit to put 1 ton of carbon in. These programs are relatively popular for companies interested in ...
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[14] [15] [16] One carbon credit represents an emission reduction or removal of one metric tonne of carbon dioxide or the equivalent amount of greenhouse gases that contribute equally to global warming (CO 2 e). [17] [18] Carbon credits are a form of carbon pricing, along with carbon taxes and subsidies.
Renat Heuberger (born 18 December 1976) is the co-founder and Senior Adviser of South Pole, a carbon finance consultancy.He was CEO until resigning on 10 November, 2023. He has been engaged as a social entrepreneur in the fields of sustainability, climate change and renewable energies since 19
The American Forest Foundation will hold the US's first nature-based carbon credit auction in February 2025. The group hopes auctions like this one will help the languishing voluntary carbon ...
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The Gold Standard is recognized by carbon market and scholars of carbon markets and climate change politics scholars as a prime example of voluntary standards. [7] As a program certifying emissions trading programs, criticisms of the general practice of emissions trading may also generally apply to the Gold Standard certification program.