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Al Masalla-News- Official Tourism Travel Portal News At Middle East

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TLC will link its Carbon Mitigation and Offset price to the European Allowances (EUA) Market

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Almasalla news | Arab Tourism Portal News

 

TLC offset principles include:

• Only targeting natural carbon offsets that are also linked directly to biodiversity preservation, regeneration of restoration

 

 

• Not to seek the cheapest form of offset for business but align the offset cost per ton to either: the European Carbon Futures Market price; or Physical Carbon European Union Carbon Allowances price per ton. See tracker price below). This puts a mandatory and independently verifiable figure to carbon.

 

 

• A willingness to consider biodiversity only related offset, not just carbon, where the value of that biodiversity can be scientifically verified independent of carbon impacts.

 

 

• We will align and promote offset projects that have been aligned to the UN or other multi-national verified projects

 

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