How to Repair the World’s Broken Carbon Offset Market

Takeaways:

• One way countries can reduce their greenhouse gas emissions is through voluntary and offset carbon markets.
• The Glasgow agreement is encouraging these voluntary carbon markets to operate in developing countries so that private entities could support their emissions reductions there.
• One main advantage of voluntary carbon markets is they can identify and fund low cost mitigation initiatives that government regulation and taxes may overlook or miss.

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