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Latin America joins emissions trading

Posted on 04 November 2013

Costa Rica expects to sell 16 million tonnes of carbon credits over eight years on its new carbon exchange, Latin America’s first, a venue that allows polluters to offset their emissions with permits they can buy.
Launched last month, the exchange provides a forum for tradable certificates that confer the right to emit one tonne of carbon dioxide. The approach attaches a cost to pollutants and seeks to reduce greenhouse gases in the atmosphere………………………………………..Full Article: Source


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