Economics · Carbon Offsetting Principles
In the context of challenges faced by carbon markets, what is the specific requirement of the 'Additionality' principle for carbon-offsetting projects?
- 1Restricting the total amount of emissions a company is permitted to generate through government-issued allowances
- 2Preventing the relocation of carbon-intensive operations to regions with lenient environmental regulations
- 3Ensuring the same emission reduction is not claimed by multiple entities simultaneously
- 4Demonstrating that emission reductions would not have occurred without the incentive or revenue from carbon credits✓
Correct answer
Demonstrating that emission reductions would not have occurred without the incentive or revenue from carbon credits
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