Company Buys Carbon Credits To Destroy Them
The aim is to raise the price of carbon credits by taking some off the market, making them scarce and thus forcing businesses to buy fewer credits because they will be more expensive, and in turn forcing them to emit less carbon.
Jeremy Walters, marketing director at GoCarbonFree, admits that his company’s contribution to raising the price of carbon is a drop in the ocean at this stage.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Passive-House High-Rise to be Airtight
- Greensmith Offers ‘Second Opinion’ on Energy Storage Systems
- Commercial Tankless Water Heater Handles the Demands of Business
- Booz Allen, Siemens, Power Analytics Score 16 Microgrid Projects
- NH City to Save $500,000 Annually with LED Streetlights
- Australian College Uses Energy Storage
- LED Boosts Light Output 50%, Uses Existing Drivers
- Energesco Wins Energy Efficiency Contracts for Multifamily Buildings in Maryland