The UK is positioned to become a leader in the global carbon market should it admit the Woodland Carbon Code (WCC) into the UK Emissions Trading Scheme (UK-ETS). A policy paper published today by King’s College London in collaboration with Imperial College Business School and Foresight Sustainable Forestry Company Plc estimates the admission of the UK’s WCC voluntary carbon credits into the UK-ETS would economically ‘unlock’ up to an additional 26% of land considered appropriate for woodland creation. This would take the UK much closer to achieving the government’s national…
Read MoreUK could reach Net Zero faster by expanding its Emissions Trading Scheme
