Americas > Supply of Colombian tax-eligible carbon credits quickly being exhausted

Supply of Colombian tax-eligible carbon credits quickly being exhausted

Published 01:06 on December 22, 2018  /  Last updated at 02:06 on December 22, 2018  /  Americas, Carbon Taxes, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, South & Central, Voluntary  /  No Comments

Emitters have surrendered more than 55% of all Colombian offsets issued to date against the country’s carbon tax, data compiled by Carbon Pulse shows, suggesting the market for the units is being squeezed as demand drastically outpaces supply.

Emitters have surrendered more than 55% of all Colombian offsets issued to date against the country’s carbon tax, data compiled by Carbon Pulse shows, suggesting the market for the units is being squeezed as demand drastically outpaces supply.

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