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Carbon offsetting and green gas: Chasing fairy tale of climate-neutral future or key tools in net zero’s arsenal?

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As time goes by, the zest for a carbon-free world has sparked a seismic shift toward the sphere of environmental sustainability. However, many thorns remain on the path to such a low-emission world, including differing perceptions about the tools to achieve this goal. This is hammered home by the pursuit of so-called green gas and how the business case for carbon units is shunned by some and welcomed by others. The post Carbon offsetting and green gas: Chasing fairy tale of climate-neutral future or key tools in net zero’s arsenal? appeared first on Offshore Energy.

Carbon markets are a go but trillions at stake: Will ‘climate finance COP’ deliver the goods at the eleventh hour?

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Given the trillion-dollar gap between the Global South’s demands and the Global North’s proposal for a new climate finance target, the 29th Conference of the Parties (COP29) has run into overtime in one last attempt at bridging the divide and finding common ground all parties can get behind. The calls for the Global North to pay up for climate damages have reached a crescendo. The post Carbon markets are a go but trillions at stake: Will ‘climate finance COP’ deliver the goods at the eleventh hour? appeared first on Offshore Energy.