Godfather of EU carbon market says CO2 offsets deserve second chance

Godfather of EU carbon market says CO2 offsets deserve second chance

BRUSSELS — Jos Delbeke once banned Europe’s heavy industry from offsetting its pollution by paying for emission cuts abroad. Now he thinks it’s time to give the idea a second chance.  The retired Belgian official, who led the European Commission’s climate policy department until 2018, thinks Brussels is right to consider meeting part of the bloc’s next emissions-reduction target with international carbon credits. That puts him at odds with the E…