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Understanding the Plastic Credit Economy: A Closer Look at Tradable Certificates
Plastic waste is a growing concern for the global community. Every year, 11 million metric tons of plastics enter our ocean on top of the estimated 200 million metric tons that currently circulate our marine environments, damaging marine life and threatening human health. To address this problem, governments, businesses, and consumers are increasingly turning to…
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China’s Emissions Trading System Faces Challenges as Officials Target Data Fraud and Plan Expansion
Chinese authorities have announced a crackdown on carbon data fraud in an effort to strengthen the nation’s emissions trading system ahead of its expansion, according to Bloomberg’s news. The current system, which encompasses over 2,000 major power plants and covers more emissions than any other trading system globally, has been facing challenges, including low prices,…
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Carbon Conundrum Solved: The Ins and Outs of Reducing Emissions through Carbon Credits
Climate change is one of the most pressing issues facing our planet, with the potential to cause severe consequences on ecosystems, economies, and communities. To prevent these impacts and meet the crucial goal set by the Paris Agreement of limiting temperature rise to 1.5°C, it is essential that global net-zero carbon emissions be achieved by…