Amazon Inc: Difference between revisions
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(Created page with " = Verra = In July 2022, the technical lead of Amazon Inc's carbon reduction strategy announced that the company is "pushing for a new brand of carbon credits it hopes will instill more public confidence in the carbon offset it knows will be necessary to reach its 2040 net-zero goal."<ref>https://web.archive.org/web/20220708023422/https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/energy-transition/070722-amazon-seeks-to-restore-trust-in-voluntary...") |
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In July 2022, the technical lead of Amazon Inc's carbon reduction strategy announced that the company is "pushing for a new brand of carbon credits it hopes will instill more public confidence in the carbon offset it knows will be necessary to reach its 2040 net-zero goal."<ref>https://web.archive.org/web/20220708023422/https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/energy-transition/070722-amazon-seeks-to-restore-trust-in-voluntary-carbon-market-with-new-credit-designation</ref> | In July 2022, the technical lead of Amazon Inc's carbon reduction strategy announced that the company is "pushing for a new brand of carbon credits it hopes will instill more public confidence in the carbon offset it knows will be necessary to reach its 2040 net-zero goal."<ref>https://web.archive.org/web/20220708023422/https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/energy-transition/070722-amazon-seeks-to-restore-trust-in-voluntary-carbon-market-with-new-credit-designation</ref> | ||
This announcement was made jointly with [[Verra]], the largest issuer of credits on the global [[voluntary carbon market]]. Verra's carbon credits are measured in terms of VCU's (Verified Carbon Units) | This announcement was made jointly with [[Verra]], the largest issuer of credits on the global [[voluntary carbon market]]. Verra's carbon credits are measured in terms of VCU's (Verified Carbon Units). Verra is initiating the process of creating this new Verra brand, the "ABACUS" VCU. | ||
ABACUS was developed by a working group including: | ABACUS was developed by a working group including: | ||
Latest revision as of 17:24, 21 March 2023
Verra
In July 2022, the technical lead of Amazon Inc's carbon reduction strategy announced that the company is "pushing for a new brand of carbon credits it hopes will instill more public confidence in the carbon offset it knows will be necessary to reach its 2040 net-zero goal."[1]
This announcement was made jointly with Verra, the largest issuer of credits on the global voluntary carbon market. Verra's carbon credits are measured in terms of VCU's (Verified Carbon Units). Verra is initiating the process of creating this new Verra brand, the "ABACUS" VCU.
ABACUS was developed by a working group including:
- Amazon Inc scientists;
- UC Berkeley carbon trading researchers;
- The Nature Conservancy