Report Shows Record Voluntary Carbon Markets in 2011
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The market for voluntary carbon offsetting hit a three-year high in 2011, transacting more than $576 million of offsets, second only to 2008’s record $776 million, according to the 2012 State of the Voluntary Carbon Markets Report, unveiled in June at the Carbon Expo in Cologne, Germany. In line with the report’s findings, EOS continues to see voluntary-driven demand for both its domestic and international projects. Further, we only expect demand of our credits to climb as the credits begin to achieve regulatory compliance status from the state of California. Buyers are always looking for the highest quality carbon credits; thus our soon-to-be triple verified credits will be additionally attractive. The report is linked here.