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Implications of Japan’s bilateral international offsets initiative

27 Aug 2010 09:29
POINT CARBON ANALYSIS – Japan’s recent international offset initiative is not the first move towards bilateralism in the global carbon market, but is rather a continuation of the existing trend of a development towards a complex mishmash of offsets based on different standards. The value of offsets created through the Japanese scheme will – if it materialises – at least partly be decided by their tradability and usability for compliance outside Japan, which is so far unknown.

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