Carbon-Free: Fair Access to a Growing Market
Many companies, entrepreneurs, and even celebrities are jumping on the carbon-free bandwagon. And even though there are critics of the efficacy of carbon credits, the trend shows no sign of slowing down.
Bloomsberry Chocolates of New Zealand is one of , and even .
The main issue is carbon awareness versus the actual efficacy of carbon-reduction strategies. A portrayed the carbon trading practice as imperfect at best, especially when referring to "additionality" required to receive carbon credits.
Even so, the carbon market will not be deterred, as consumers and traders seem to like the idea of carbon credits, flawed though they may be in actual practice. Another financial project to watch is the Clean Development Mechanism (CDM), which the UN is putting into practice globally .
Because of the disparity in access and distribution in the carbon market, many countries have less access to the burgeoning global carbon market, and serious adaptations can be expected as the market matures.
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