New carbon registry aims to provide more transparency, credibility in offsets market
Can carbon registries ensure high-quality offsets? Will mismanagement of offsets and lack of transparency be brought under control before a federal cap-and-trade plan is implemented? During today's OnPoint, Wiley Barbour, founder and chief technical officer of the American Carbon Registry, explains how his registry's efforts will bring more transparency and credibility to the offset market. He discusses the impact of the economic crisis on carbon markets and companies' willingness to spend money on emissions reductions. Barbour also explains the benefits of acting early on offsets and emissions reduction.