Carbon-credit surplus could soon turn to shortage

Shell aims to offset 120 million tons of carbon emissions annually by 2030, which would be a fraction of what it emitted in the past year. (Photo: Bloomberg) — Shell aims to offset 120 million tons of carbon emissions annually by 2030, which would be a fraction of what it emitted in the past year. (Photo: Bloomberg)

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5 min read . Updated: 25 Sep 2022, 06:18 PM IST Shane Shifflett, The Wall Street Journal

Demand for emissions offsets is soaring, threatening to overwhelm supply

Hundreds of companies plan to achieve their climate goals using carbon credits to offset the emissions they can’t eliminate on their own. Soon there might not be enough of the credits to go around.

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