Committee of Supply 2022 debate, Day 4: Jamus Lim on a carbon offset system that works
Making carbon offsets that truly work requires that the amount paid for offsets actually goes towards reducing the total amount of carbon emitted into the atmosphere. This is where a credible system of offsets paired with a cap-and-trade exchange comes in, said MP Jamus Lim. Speaking in Parliament on Monday (Mar 7), he explained why he felt a partnership between the public and private sectors could well be “the best way forward”, and outlined how it might work.
Making carbon offsets that truly work requires that the amount paid for offsets actually goes towards reducing the total amount of carbon emitted into the atmosphere. This is where a credible system of offsets paired with a cap-and-trade exchange comes in, said MP Jamus Lim. Speaking in Parliament on Monday (Mar 7), he explained why he felt a partnership between the public and private sectors could well be “the best way forward”, and outlined how it might work.
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