Are China’s blue carbon credits a free pass to harm its oceans?

Quick Summary:

The purchase of blue carbon credits should only be considered if directly remediating environmental damage is not possible, experts say.

In China, legal cases involving blue carbon have increased since the marine carbon accounting standards were introduced, despite the controversy over the methodology.

Liu Chao also warns the courts to “be careful not to liberally use carbon credits as a restoration alternative simply because it is innovative and convenient.“Putting environment and ecology first is the main principle of environmental protection law, but not of criminal law.

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Article Details

Author / Journalist: Xia Zhijian

Category: EconomyBusiness

Markets: SingaporeChina

Topics: Corruption Rural communities Pollution Rivers Oceans Mangroves Climate law Reforestation Fishing Carbon credits Crime Conservation Ecosystem services Emissions Climate Research Forests Natural resources Carbon footprint Regulation Blue economy Carbon offsetting Marine

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 10:13:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 1899 words

Reading Time: 11 minutes read

Sentences: 81 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 21652733

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Main Topics: EconomyBusiness

Official Website: eco-business.com

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Year Established: 2009

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News Last Updated: 23 hours ago

Coverage Areas: Singapore

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