Policy push for carbon removal credits lures finance, aviation

April 06, 2024

To meet this challenge small startups are in the nascent stages of deploying new technologies to suck up the planet-warming gas and generate tradable carbon removal credits that companies can buy to offset their emissions. "We need trustworthy monitoring, reporting, and verification systems that generate high-quality carbon removal credits... This is how we unlock private investment for speed and scale," said Anu Khan, a carbon removal expert at Washington-based non-profit Carbon180. All in, Puro currently accounts for around 80 percent of the certified engineered removal credits. Some see regulatory involvement as a sign the market for carbon removal credits is viable.

The source of this news is from Tuoi Tre News

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