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Contribution to Book
Carbon Offset Markets: A Viable Instrument?
Handbook of CO2 in Power Systems (2012)
  • k. kathy dhanda, DePaul University
  • laura hartman, DePaul University
Abstract

We explore the realm of carbon offset markets that have been set up to enable consumers to offset their share of carbon emissions. Though the market is a relatively new one, it has quickly spawned countless offset providers under both regulated and voluntary schemes. Our research points out that the market is widely unregulated and, furthermore, there is no common quality or certification structure for the offset providers. At this point in the evolution of the market, only a handful of offset provider ratings schemes exist; and even these schemes leave a vast void for consumers. The article provides an overview of the state of the carbon markets, the concept of carbon offsets, and the standards environment for offset providers. Results of data collection allow us to compare providers effectively and efficiently on a common scale that services both providers as well as consumer stakeholders.

Keywords
  • sustainability,
  • environment,
  • carbon
Publication Date
2012
Editor
Qipeng P. Zheng, Steffen Rebennack, Panos M. Pardalos, Niko A. Iliadis, and Mario V. F. Pereira (Eds.)
Publisher
Springer - Verlag
Citation Information
k. kathy dhanda and laura hartman. "Carbon Offset Markets: A Viable Instrument?" Berlin, GermanyHandbook of CO2 in Power Systems (2012)
Available at: http://works.bepress.com/kathy-dhanda/10/