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.

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