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Paris Pact Promotes But Complicates Carbon Trading

2016-02-23 15:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: One out of every six molecules of climate pollution released to the atmosphere next year will be regulated under a cap-and-trade system, according a new global estimate that highlights the remarkable ongoing growth in carbon markets around the world. Under cap-and-trade systems -- pioneered in recent years in Europe and some U.S. states and spreading through Asia and Canada -- governments trying to slow global warming impose industry- or economy-wide caps on climate pollution. Companies then buy...

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