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Exploring Carbon Avoidance Offsets and Grid Decarbonization Efforts
This chapter delves into the concept of carbon avoidance offsets as an alternative to global carbon pricing, explaining the certification process through VARRA and how organizations can incentivize emission reduction. It highlights potential buyers of these offsets, especially focusing on large commercial and industrial customers with sustainability goals. The conversation also covers compliance markets in the US and the efforts of ESSC in promoting grid decarbonization through high-quality storage standards.