October 10, 2023

Day

Carbon offsets are suddenly everywhere. Long the domain of airlines and unimaginative bureaucrats, firms selling offsets have proliferated, promising a way for ordinary people and organizations in wealthy countries to fight climate change with the click of a button. These companies claim that emissions in the rich world can be canceled out by buying credits from projects...
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Following the European Union’s lead, the United States is poised to join the global fight against climate change with the introduction of the Clean Competition Act. If this legislation is approved, it will entail the imposition of border-adjusted carbon tariffs on carbon-intensive imports. Nguyen Vo Truong An, Deputy Director of the Carbon Credit Trading Platform...
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