What Do You Have to Do to Get Some (Carbon) Credit?

There is a lot an oil and gas company can be positioned to do to offset emissions, from forest management to plugging leaks.

What Do You Have to Do to Get Some (Carbon) Credit?

Shell’s offset program with corporate fleets benefits the Qinghai Afforestation Project located on the Qinghai-Tibetan Plateau in China. (Source: Guosheng Wu/Shutterstock.com)

The superiority of the voluntary market for carbon offsets has been so pronounced that government regulators devising their own compliance regimes for industry have taken to copying and pasting the market’s standards into their own rulebooks.

“The reason this market is starting to work and is becoming more effective is, to begin with, there’s been insufficient government action,” Verra CEO David Antonioli said at Hart Energy’s Energy ESG conference earlier this year.

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Joseph Markman

Joseph Markman, senior editor for Hart Energy, covers markets and provides data analysis for all Hart Energy editorial products.