What do markets for voluntary climate protection imply about people's valuations of en- vironmental protection? I study this question in a large-scale field experiment (N=255,000) with a delivery service, where customers are offered carbon offsets that compensate for emissions. To estimate...

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.

Oil, coal and natural gas will remain the world’s dominant sources of energy over the next decades, with resulting carbon dioxide emissions set to increase to unsustainable levels. However, technologies that help reduce CO2 emissions from fossil fuels can reverse this trend. CO2 capture and...

This paper investigates farmers’ incentives to participate voluntarily in carbon offset markets when environmental credit stacking is allowed, that is, farmers can stack water quality credits with carbon credits. The implications of stacking on additionality of environmental services in...