Thursday 9 December 2021

Carbon trading gets a green light from the U.N., and Brazil hopes to earn billions

Carbon trading gets a green light from the U.N., and Brazil hopes to earn billions

Carbon emissions trading is poised to go global, and billions of dollars — maybe even trillions — could be at stake. That's thanks to last month's U.N. climate summit in Glasgow, Scotland, which approved a new international trading system where companies pay for cuts in greenhouse gas emissions somewhere else, rather than doing it themselves.
Read more: https://www.npr.org/2021/12/06/1060173548/carbon-trading-gets-a-green-light-from-the-u-n-and-brazil-hopes-to-earn-billions?source=Snapzu

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