Europe's academies of science have called on EU lawmakers to introduce a “radically new standard” in the bloc's Emissions Trading Scheme (ETS) to ensure net carbon emissions from biomass power stations are “properly accounted for and declared”.
Forest mitigation should be measured using a scientifically-objective approach, not allowing countries to hide the impacts of policies that increase net emissions, writes a group of environmental scientists led by Dr Joanna I House.
EXCLUSIVE/ European Union countries exploited loopholes in United Nations forestry rules to pocket carbon credits worth €600 million and the equivalent of global-warming emissions from 114 million cars.
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