Carbon Markets 101
Sustainability Now
00:00
De Carbonization Strategies in the ETS Market
The global patchwork of carbon markets creates a major problem for company workers and governments. The e u is trying to address this by proposing a boarder tax that says, if you produce outside the e u carbon market, you have to pay a tax That equalizes the price of the same goods made in the eu. But it's really on governments to insure this sort of leakage doesn't happen. For compliance markets, the government needs to make the market, set the rules and regulate it so it is effective.
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