The act of claiming or offsetting is completed when such credits are cancelled or retired from the registry they are logged in, as they are then considered to have been “used” and are not available to offset anyone else’s emissions (see Textbox 1).
Below, we take a look at the credits that have not yet been retired: those that have been issued, are logged in a registry, and are thus available for purchase. By the end of 2023, the amount of such available credits in the four major registries (see Text…
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