Carbon Measures global accounting group to form independent panel

LONDON (Reuters) -Carbon Measures, a global carbon accounting initiative backed by several big energy and multinational companies, will form an independent panel to help guide its work, its CEO told Reuters. Founded a week ago by 19 members including ExxonMobil, BASF and Banco Santander, the group aims to create an accounting system to avoid double-counting and to better reward those that become more sustainable, thereby driving faster action.