Government spikes carbon offset assurance scheme

Lack of interest and cost cutting blamed for scheme’s demise

The energy and climate department (DECC) is to close its carbon offsetting quality assurance scheme due to low uptake and public spending cuts.

DECC announced the closure on 20 May, which will take effect at the end of June.

DECC launched the scheme in January 2009 to try and raise standards in the carbon offset market and bolster consumer confidence.

But it limited the scheme to certified emissions reductions issued under regulatory regimes such as the EU emissions trading scheme (EU ETS) and the Kyoto Protocol’s clean development mechanism.

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