Offsets make economic sense for emitters seeking to limit compliance costs, particularly in the near-term when they could lead to stranded investments. Those emitters have been seen as key to politically acceptable climate change policy, which is why offsets have grabbed such a high profile. A well-designed offset can be characterized as a win-win. The potential for advantage is particularly true at the global level, where offset funding could provide revenues for energy and natural resource programs in developing countries, supplementing dwindling international assistance.
展开▼
