Shell predicts threefold growth in voluntary carbon market

Published 23:10 on October 18, 2021  /  Last updated at 23:10 on October 18, 2021  /  Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, REDD, Shipping, Voluntary Market  /  No Comments

Oil major Shell expects trading in the voluntary carbon market to increase by around threefold to 1.1 billion tonnes of CO2e a year by 2030, though rising corporate demand could exceed supply within a few years due to a lack of high-quality projects.

Oil major Shell expects trading in the voluntary carbon market to increase by around threefold to 1.1 billion tonnes of CO2e a year by 2030, though rising corporate demand could exceed supply within a few years due to a lack of high-quality projects.

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