Carbon credits market does not guarantee CO2 removal from atmosphere – ZERO

Portugal’s environmental association ZERO considers that the proposal for a voluntary carbon market presented by the government does not guarantee safe and permanent removal of carbon from the atmosphere and says it will have to have much stricter criteria. On the day public consultation on the government’s proposal ends, the association warns in a statement that the voluntary carbon market cannot replace the main objective of reducing greenhouse gas (GHG) emissions at source, and says the scrutiny mechanisms have to be more robust and the project’s effects have to last at least 100 years. This is the second example today of an NGO suggesting the government hasn’t understood what it is meant to be doing to preserve the environment.