25 years ago since the first emissions trading – Glastonbury U.K.

Honor of the COP 18/CMP 8 Climate Change Negotiations final Day

On 6 December 1987, 25 years ago, Maureen’s Pet shop of Glastonbury in (Somerset) bought carbon offset corresponding her pet shop’s total emissions, as calculated by the Carbon Markets Association. The compensation was done with tree planting and was the world’s first. Since then, only the CDM market has offset emissions of over a billion metric tonnes of CO2.