1. The big picture -- 2. Understanding supply and demand in the voluntary carbon markets -- 3. RECs vs. offsets : the debate continues -- 4. The voluntary carbon markets : what the experts think -- 5. A glance into the future of the voluntary carbon markets.

The reduction of greenhouse gas (GHG) emissions, in particular CO2, is a major objective of the German energiewende. There has been broad consensus on this goal for many years now - in contrast to the continuing discussion over the proposed shutdown of Germany’s nuclear power plants. The...