Carbon Neutral Fuel Claims (1Q22 Update)

Carbon Neutral Fuel Claims (1Q22 Update)

This quarter’s Carbon Neutral fuels report shows a significant drop in the number of shipments claiming carbon neutral status. Only four shipments were recorded in Q1 compared to six in Q421 and fifteen in 3Q21. The Ukraine war may have some influence of this decline, but the increase in carbon credit prices over the last 6 months of 2021 may also have deterred some fuel suppliers from using carbon offsets.

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