Dubai to sell carbon credits globally
Joint initiative between DEWA, Dubal and Enoc to reduce carbon quota
In new plans, the Dubai Carbon Centre of Excellence (DCCE) will attempt to offset five million tonnes of carbon a year by selling carbon credits on the international market.
Speaking at the Dubai Global Energy Forum, Waleed Salman, Chairman of the DCCE said that DEWA. Dubal and Enoc are considering reductions in carbon emission quotas as part of a joint voluntary initiative, which has the potential to create carbon credits which can then be sold in international markets.