Back to today’s briefing

Story perspectives

47.7 Million Carbon Credits Retired, Market's Integrity Questioned

6/28/2025

33 6

Summary

Story summary

In 2024, Corporate Accountability revealed the retirement of 47.7 million questionable carbon credits from key offset projects, sparking doubts about the voluntary carbon market's reliability. Meanwhile, Indonesia is set to strengthen its carbon trading framework, while the US Senate's proposed cuts to clean energy tax credits threaten the future of renewable initiatives.

1 of 1

Story summary

In 2024, Corporate Accountability revealed the retirement of 47.7 million questionable carbon credits from key offset projects, sparking doubts about the voluntary carbon market's reliability. Meanwhile, Indonesia is set to strengthen its carbon trading framework, while the US Senate's proposed cuts to clean energy tax credits threaten the future of renewable initiatives.