Oil and gas companies call for overhaul of carbon market rules

Published 17:44 on November 15, 2025 / Last updated at 17:44 on November 15, 2025 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), CO2 Management (CCUS, Engineered Removals), EMEA (Africa, Europe, Middle East), International (Paris Article 6/PACM), Nature-based Carbon (Other NbS), Net Zero Transition (Industrial Decarbonisation, Transport & Heating Fuels), Voluntary (VCM Developments)

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Some of the world’s largest oil and gas producers are urging major reforms to the voluntary carbon market, arguing that the use of "high-quality" credits is now essential for meeting global climate goals and should be used more widely and flexibly by companies.
Some of the world’s largest oil and gas producers are urging major reforms to the voluntary carbon market, arguing that the use of "high-quality" credits is now essential for meeting global climate goals and should be used more widely and flexibly by companies.


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