Steffen Bohm – Trading Carbon: How Paris Set Us Up for Failure

TheĀ Paris AgreementĀ has mostly been greeted with enthusiasm, though it contains at least one obvious flaw.

Few seem to have noticed that the main tool mooted for keeping us within the 2C global warming target is a massive expansion of carbon trading, including offsetting, which allows the market exchange of credits between companies and nations to achieve an overall emissions reduction.

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