Asia Pacific > Asia > Voluntary carbon demand plummets for fossil fuel shipments in Q1 -report

Voluntary carbon demand plummets for fossil fuel shipments in Q1 -report

Published 19:15 on April 20, 2022 / Last updated at 19:15 on April 20, 2022 / / Asia Pacific (Asia), International, Nature-based Carbon (Other NbS), Net Zero Transition (Industrial Decarbonisation, Transport & Heating Fuels), Voluntary (VCM Developments), LATAM & Caribbean

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The oil and gas market shunned buying voluntary carbon credits to offset fossil fuel shipments in Q1 as fuel prices spiked in the lead up to the war in Ukraine, analysts said in a report published on Wednesday.
The oil and gas market shunned buying voluntary carbon credits to offset fossil fuel shipments in Q1 as fuel prices spiked in the lead up to the war in Ukraine, analysts said in a report published on Wednesday.


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