The Carbon Sheriff is coming to town

[Hans De Keulenaer]

The voluntary markets for carbon offsets have been criticised and warnings issued for carbon cowboys raiding the markets. But rescue is near! The Carbon Sheriff is coming! In a report, from Ecosystems Marketplace and New Carbon Finance, that tells you everything you ever wanted to know about the "wild west" of carbon credits one may learn that some of the systems are more credible than others and will soon dominate.

The report also tells about type of projects and location and again we can clearly read out the under-representation of efficiency projects.

According to The Economist the winning systems are:

• The Voluntary Carbon Standard (VCS) created by the International Emissions Trading Association, the Climate Group and the World Economic Forum
• The Gold Standard, developed by the World Wildlife Fund, and
• The Climate, Community and Biodiversity (CCB) standard

It is time for the cowboys to hand in their guns! Looting is over!!