The carbon trading market: voluntary v mandatory

February 2009
BRW;2/5/2009, Vol. 31 Issue 5, p35
Trade Publication
The article focuses on the issues concerning the carbon trading market. It notes that purchasing permits in the Carbon Pollution Reduction Scheme (CPRS) acts nothing to reduce the world's greenhouse gases and that it simply provides a financial incentive for companies to cut their carbon emissions. However, voluntary carbon schemes are different, allowing companies to buy credits in a wide range of carbon-reduction projects ranging from various acts for environmental protection.


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