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Mexico launches first carbon exchange to cut CO2 emissions

2013-11-27 15:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Mexico's stock exchange launched its first platform to trade carbon credits on Tuesday, a voluntary initiative that allows polluters to offset their emissions with tradeable certificates. The new platform, called MEXICO2, provides an electronic forum for certificates conferring the right to emit one tonne of carbon dioxide, thereby attaching a cost to pollution. MEXICO2 also seeks to have investors fund environmental projects aimed at curbing greenhouse gases. "Increasingly, investors are...

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