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Carbon Offsets, a Much-Criticized Climate Tool, Get Federal Guidelines
The Biden administration on Tuesday laid out for the first time [PDF] a set of broad government guidelines around the use of carbon offsets in an attempt to shore up confidence in a method for tackling global warming that has faced growing criticism. From a report: Companies and individuals spent $1...
The Biden administration on Tuesday laid out for the first time[PDF] a set of broad government guidelines around the use of carbon offsets in an attempt to shore up confidence in a method for tackling global warming that has faced growing criticism. The Biden administration is now weighing in on this debate, saying that offsets can sometimes be an important tool for helping businesses and others reduce their emissions, as long as there are guardrails in place. Some companies have complained that it is too difficult to control their sprawling network of outside suppliers and that they should be allowed to use carbon offsets to tackle pollution associated with, for instance, the cement or steel they use.
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