Thank you Andy, this is very interesting.
In the past I have worked with energy intensive companies in harder to abate sectors. Some of them do include voluntary offsets into their net zero road maps, many - don't. They quoted similar risks mentioned in PWC report you share: integrity, additionality, quantification.
For those who are interested, we recently had a webinar with SparkChange on regulatory (not voluntary) carbon markets and modelling, here are key takeaways attached
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Aya Pariy
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Original Message:
Sent: 22-06-2023 13:01
From: Andrew Burton
Subject: Voluntary Carbon Offsets - report from PWC on the outlook for pricing
This is a well-written and easily digestible review of the extent of current purchases of voluntary carbon offsets by the UK's FTSE350. It also projects forwards and presents an argument for why prices will rise dramatically.
Andy
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Andrew Burton
Professionalism Advisor
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