Glasgow Carbon Trading Rules Draw Praise, Promises Of More Scrutiny

November 18, 2021
Environmental and business groups are broadly praising final carbon market rules inked at last week’s Glasgow climate summit that are aimed at ensuring integrity of such markets, even as some are pledging further scrutiny of countries that rely on language allowing years-old credits to be used toward current emissions goals. The assessments come with multiple groups praising the deal on the trading provisions, the last major element of the so-called Paris Agreement “rulebook,” after years of delays in finalizing language...

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