Canada adds DAC protocol, tonne-year accounting to launch of federal offset system

Published 21:13 on June 8, 2022  /  Last updated at 21:13 on June 8, 2022  /  Americas, Canada, Carbon Taxes, International, Nature-based, Voluntary Market  /  No Comments

Canada’s environment ministry on Wednesday finalised regulations for the national carbon offset system, simultaneously announcing plans to initiate development of a direct air capture (DAC) protocol and provide a ‘tonne-year’ accounting option for sequestration-based projects.

Canada’s environment ministry on Wednesday finalised regulations for the national carbon offset system, simultaneously announcing plans to initiate development of a direct air capture (DAC) protocol and provide a ‘tonne-year’ accounting option for sequestration-based projects.

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