Carbon News - Intelligence for the carbon market

Ten years ago ...

Thursday 28 Mar 19 11:00am

 

Ten years ago, insurance companies were trying to figure out how to insure carbon lost when forests are destroyed.

Force majeure losses were traditionally restricted to the direct loss of crops, but the advent of the Emissions Trading Scheme meant that forest owners also stood to lose carbon credits and possibly incur a carbon liability if forests were lost through fire, storms and diseases. | Read the story here

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Related Topics: Carbon Credits | Emissions trading | ETS

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