| Carbon markets, designed to make polluters pay and reduce emissions, are more common than ever. But the economic slump and the structural flaws mean they're stumbling, a new report suggests. We take a whistlestop tour of the schemes.
As eight new markets opened in 2013, and both the US and China established programmes, there was some hope that carbon pricing was coming of age. But only 12 per cent of the world's emissions are covered by the projects. And the last 12 months have been tough for some flagship schemes...............................................Full Article: Source
|