Papers & Publications

Introduction of Aviation into the EU ETS

On 2 February 2009, Directive 2008/101/C formally brought aviation into the European Emissions Trading Scheme (EU ETS). Aviation activities will be included in the EU ETS from 1 January 2012, although aircraft operators will have to submit benchmarking plans by 31...

Investment Additionality in the CDM

The additionality of projects is crucial to the integrity of the Clean Development Mechanism. The CDM tool for additionality produces binary outcomes; projects either pass or fail. This paper uses ΔIRR (the difference between a project’s IRR with and without CDM...

Is ‘Insetting’ the new ‘Offsetting’?

There has been a fierce debate about the benefits of ‘carbon offsetting’ and the associated term ‘carbon neutral’. This paper does not seek to add to this polarised discussion, instead we seek to describe an emerging trend which we call ‘insetting’ amongst leaders in...

What is a Carbon Footprint?

A carbon footprint is “the total set of GHG emissions caused directly and indirectly by an individual, organisation, event or product” (Carbon Trust 2008). For example, the carbon footprint of flying from London to New York is 0.68 tonnes of CO2e1, and the carbon...

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