What is Carbon Budgeting?
Carbon budgets set a total amount of Greenhouse Gas emissions over a set period for a country, sector and/or a business. The best example of the use of this approach is the UK Government which has set limits over successive 5 year periods.
The South African Government has indicated in its National Climate Change Response White Paper that it will be using this approach in its efforts to reduce the country’s emissions.
Promethium Carbon’s service
Promethium Carbon advises clients on how to develop practical and realistic carbon budgets for their operations, this, in response to what is happening in the regulatory environment.