An environment for business

Carbon markets—purported pricing of the social costs of emissions—have been for decades a favored mitigation strategy in global climate governance. There is clear evidence that markets and carbon taxes have failed to price emissions in line with the climate mitigation goals set out in the Paris Agreement.

Sep 13, 2025 - 02:00
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An environment for business
Carbon markets—purported pricing of the social costs of emissions—have been for decades a favored mitigation strategy in global climate governance. There is clear evidence that markets and carbon taxes have failed to price emissions in line with the climate mitigation goals set out in the Paris Agreement.

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