Partners Levi McAllister and Pam Wu and associate Patrick Pennella authored a Law360 Expert Analysis article discussing the Biden Administration’s recent statement outlining principles for the adoption of high-integrity voluntary carbon markets (VCMs).
The article provides a background on VCMs and carbon credits, reviews the seven principles for responsible VCM participation outlined by the White House, and shares several takeaways for companies looking to participate in VCMs to help achieve their decarbonization goals.