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Demystifying the Carbon Markets Episode 4 | Peter Zaman, Partner HFW, Singapore

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Why Should I Give It Up Without Getting Something in Return?

The japanese came up with the idea that says, look, let's a corresponding adjustment to both inside and outside n d c. So you're giving something up that you don't have to give up logically or rationally, but you're being forced to give it up by the entrenched views of the other camp. And what they got in return was the japanese solution, which is to say, ok, you can use the article six four point four mechanism to have a project that is registered as a u n ject. But if you do that, you don't to apply a corresponding adjustment. Now one would say, why would they bother doing that? Why not just

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