After six years and
many late nights haggling, a deal has finally been struck on the rules governing global trading in offsets. The details are arcane and complicated but here’s a look at what it means for the planet, companies, and countries.
One of the biggest challenges in the fight against climate change is the cost. Carbon markets can help lower the bill, attract investment in clean innovation in developing countries and accelerate emissions cuts. The agreement in Glasgow set the rules for trading emissions in bilateral deals and in a United Nations-supervised marketplace. By some estimates it could be worth $100 billion.
"What" - Google News
November 14, 2021 at 04:03AM
https://ift.tt/3CiFEbo
COP26 Ends: What It Means for Earth, People, Companies and Countries - Bloomberg
"What" - Google News
https://ift.tt/3aVokM1
https://ift.tt/2Wij67R
Bagikan Berita Ini
0 Response to "COP26 Ends: What It Means for Earth, People, Companies and Countries - Bloomberg"
Post a Comment