Standards in the voluntary carbon market

Murphy, Maya; Milne, Markus J.; Ball, Amanda; Mason, Ian
February 2010
Chartered Accountants Journal;Feb2010, Vol. 89 Issue 1, p22
The article discusses the Gold Standard and the Voluntary Carbon Standard (VCS) in carbon credit markets. It notes that carbon market was developed from international climate change debates as means in reducing greenhouse gas (GHG) emissions. It mentions that the effectiveness of carbon offsetting has been the center of ethical, technical and accounting controversies and that several standards and guidelines were developed to give legitimacy. It details the coverage of the Gold Standard and VCS.


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