Author: Justine Calma
Photo by Andrea Ronchini/NurPhoto via Getty Images
Leaders from 197 countries are hammering out the details of one of the most contested strategies for tackling climate change: international carbon markets, which allow countries to offset their planet-heating emissions by funding green projects elsewhere. As delegates negotiated at the annual United Nations climate conference in Madrid this week, protests unfolded over the carbon-cutting scheme, which some environmental activists called “a false solution.”
Existing carbon markets have a checkered past, and unless tighter rules are put in place moving forward, new carbon markets could actually make the climate crisis worse. That’s because, with a poorly designed system, there’s the risk that carbon credits could offer polluters an...
Continue reading…
Continue reading...
Leaders from 197 countries are hammering out the details of one of the most contested strategies for tackling climate change: international carbon markets, which allow countries to offset their planet-heating emissions by funding green projects elsewhere. As delegates negotiated at the annual United Nations climate conference in Madrid this week, protests unfolded over the carbon-cutting scheme, which some environmental activists called “a false solution.”
Existing carbon markets have a checkered past, and unless tighter rules are put in place moving forward, new carbon markets could actually make the climate crisis worse. That’s because, with a poorly designed system, there’s the risk that carbon credits could offer polluters an...
Continue reading…
Continue reading...