As is often the case with fledgling markets, the future for carbon credits could go either way. In fact, it could go a lot of different ways.
Right now a number of companies are getting into the market, in part because large corporations are looking for a way to say they are carbon-friendly. They are buying credits to offset the carbon they are still using or generating, much like corporations have built factories or computer centers in areas where wind or solar energy is generated.
kAmu2C>6CD 4@F=5 36?67:E 7C@> E92E :562]k^Am
kAm“x E9:?< :E :D 2 ?@\3C2:?6C 7@C D@>6 72C>6CD[” D2JD r=2J rC2:89E@?[ 2 42C3@? 4C@AA:?8 28C@?@>:DE H:E9 p8@C@ r2C3@? p==:2?46[ 2 4@>A2?J H@C<:?8 H:E9 72C>6CD @? 42C3@? 4C65:E A=2?D]k^Am
kAmrC2:89E@? D2JD 72C>6CD H@C<:?8 H:E9 9:D 4@>A2?J 42? D:8? 2 `_\J62C 4@?EC24E E92E H@F=5 A2J E96> 2?JH96C6 7C@> Sa E@ Sa_ 2? 24C6 7@C :>A=6>6?E:?8 46CE2:? AC24E:46D[ DF49 2D 4@G6C 4C@AD @C ?@\E:==] %96C6 :D 2? @AE\@FE 27E6C 7:G6 J62CD]k^Am
kAm~E96C 4@>A2?:6D @776C G2C:2E:@?D @? E92E :562[ A2J:?8 6:E96C 7@C 46CE2:? AC24E:46D @C 7@C 42C3@? D6BF6DE6C65 32D65 @? D@:= E6DED @C @E96C E6DE:?8 AC@465FC6D]k^Am
kAm#:89E ?@H[ rC2:89E@? D2JD[ E9@D6 A2J>6?ED 2C6 ?@E 8@:?8 E@ 36 6?@F89 E@ 7F==J 4@G6C >2?J @7 E9@D6 AC24E:46D] #2E96C[ E96J 2C6 2? :?46?E:G6 E@ 96=A 2 72C>6C H9@ >:89E 92G6 2=C625J 366? E9:?<:?8 23@FE >2<:?8 2 492?86[ H96E96C E96 DH:E49 :D 7@C 64@?@>:4 @C 6?G:C@?>6?E2= C62D@?D]k^Am
kAm“x E6== A6@A=6 E@ ECJ E@ H2=< 367@C6 E96J CF?” H96? 6DE23=:D9:?8 ?6H AC24E:46D[ rC2:89E@? D2JD]k^Am
kAm%96C6 :D DE:== 2 5632E6 :? E96 :?5FDECJ 23@FE H96E96C 72C>6CD H9@ H6C6 2=C625J FD:?8 E9@D6 AC24E:46D D9@F=5 36 23=6 E@ 36 A2:5[ @C H96E96C E96 >@?6J D9@F=5 8@ DEC:4E=J E@ 72C>6CD H9@ 2C6 ?@H 25@AE:?8 E96 AC24E:46D] x?G6DE@CD H2?E 492?86] u2C>6CD H2?E E@ 36 C6H2C565 7@C 8@@5 AC24E:46D]k^Am
kAm%96C6 2C6 D6G6C2= 5:C64E:@?D E96 ?6H :?5FDECJ 4@F=5 8@ :? E96 4@>:?8 J62CD[ 244@C5:?8 E@ p=6;2?5C@ !=2DE:?2[ 2? 64@?@>:DE 2E x@H2 $E2E6 &?:G6CD:EJ] x? 2 A2A6C !=2DE:?2 C646?E=J HC@E6 H:E9 ~C2?F49 (@?8A:J23@J@C? 2?5 y@9? rC6DA:[ 7@FC A@DD:3=6 D46?2C:@D H6C6 6?G:D:@?65]k^Am
kAm~?6 H@F=5 36 E92E 4@CA@C2E6 56>2?5 7@C 42C3@? 4C65:ED :D 9:89 2?5 DFDE2:?65 2?5 E9:D 364@>6D E96 6BF:G2=6?E @7 E96 ?6IE 42D9 4C@A[ AF>A:?8 5@==2CD :?E@ 28C:4F=EFC6 E@ 7:89E 4=:>2E6 492?86] %96 D64@?5 A@DD:3:=:EJ :D E92E E96 >2C<6E E2<6D E96 =@H\92?8:?8 7CF:E[ C6H2C5:?8 D@>6 AC24E:46D 3FE ?@E C62==J 364@>:?8 2 =@?8\E6C> =2C86 :?4@>6 DEC62>]k^Am
kAmp E9:C5 D46?2C:@ :D E92E E2IA2J6CD H@F=5 AF>A >@?6J :?E@ E96 :562 2?5 DF3D:5:K2E:@? H@F=5 36 E96 ?@C>]k^Am
kAmp?5 E96 7@FCE9 A@DD:3:=:EJ :D E92E E96 >2C<6E 8C25F2==J 7:KK=6D @FE 2?5 E96 @AA@CEF?:EJ E@ AFE >@?6J :? E96 28C:4F=EFC2= 64@?@>J 2?5 3@@DE 42C3@? D6BF6DEC2E:@? 364@>6D 2 >:DD65 @AA@CEF?:EJ]k^Am
kAm#:89E ?@H[ E96 :?5FDECJ :D =@@<:?8 2E E96 =@H\92?8:?8 7CF:E[ 3FE !=2DE:?2 D2JD :7 E96 ?6IE 72C> 3:== :?4=F56D =2?8F286 4=2C:7J:?8 9@H 4C65:ED H@F=5 H@C< — >F49 2D 92AA6?65 H:E9 E96 @C82?:4 >2C<6E a_ J62CD 28@ — E9:?8D 4@F=5 E2<6 @77]k^Am
kAm}@E 6G6CJ@?6 :D @? 3@2C5[ 6G6? :? E96 28C:4F=EFC2= 4@>>F?:EJ]k^Am
kAm“x’> G6CJ 4@?46C?65 E92E H92E E96J 2C6 A2J:?8 A6@A=6 E@ 5@ :D ?@E 24EF2==J D:?<:?8 42C3@?[” D2JD q6E9 w@77>2?[ H9@ 72C>D H:E9 96C 9FD32?5[ y@9? w@86=2?5[ :? D@FE96C? x@H2] “x D66 2 7C6?KJ 23@FE :E] xE’D =:<6 2 7665:?8 7C6?KJ]”k^Am
kAmw@77>2? D2JD 2??F2= 28C:4F=EFC2= 4C@AD 2C6 @?=J D9@CE\E6C> 42C3@? D:?<D] %@ C62==J 86E =@?8\E6C> C6DF=ED[ E96 >@?6J H@F=5 36 36EE6C DA6?E @? =@?8\E6C> D:?<D[ DF49 2D A=2?E:?8 EC66D]k^Am
kAmxE’D 2 =68:E:>2E6 A@:?E[ !=2DE:?2 D2JD]k^Am
kAmw@77>2? DEC6DD6D E92E D96 :D?’E 282:?DE 72C>6CD 86EE:?8 A2:5 E@ :>A=6>6?E AC24E:46D E92E 2C6 8@@5 AC24E:46D[ DF49 2D A=2?E:?8 4@G6C 4C@AD @C C65F4:?8 E:==286] qFE D96 :D 4@?46C?65 5@==2CD E92E >:89E 5@ >@C6 E@ D:?< 42C3@? 2?5 >:E:82E6 4=:>2E6 492?86 :? @E96C H2JD H:== :?DE625 8@ E@H2C5 :E6>D H9:49 >2J 92G6 2 =:>:E65 :>A24E]k^Am
kAm“xE’D 2 8C62E E9:?8 E92E A6@A=6 2C6 8@:?8 E@ 36 AFEE:?8 :? 4@G6C 4C@AD[ 2?5 H6 ?665 E92E[” D96 D2JD] “x’> ;FDE 27C2:5 E92E H6 2C6 CF??:?8 @FE @7 E:>6 2?5 E9:D :D 2 5:G6CD:@? 7C@> >@C6 :>A@CE2?E H@C<]”k^Am
kAm#:89E ?@H 72C>6CD 2?5 :?G6DE@CD 2?5 4@>A2?:6D ECJ:?8 E@ 4@??64E E96 EH@ 2C6 ECJ:?8 E@ 7:8FC6 2== @7 E92E @FE[ !=2DE:?2 D2JD] $@>6 EJA6 @7 &$sp CF=6 AC@46DD >2J 36 ?646DD2CJ E@ E2<6 E96 ?6IE DE6A[ 96 255D] |62?H9:=6[ 6G6CJ@?6 :D >F55=:?8 E9C@F89 E96 AC@46DD]k^Am
kAm“xE’D <:?5 @7 2 7@88J DA246[” rC2:89E@? D2JD]k^Am





