How to Repair the World’s Broken Carbon Offset Market

Reading Time: < 1 minute

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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