The US proposal for a new carbon credit system has begun sizing up potential interest from countries and corporate backers to help finance the shift of poorer nations away from fossil fuels. The Department of State-led initiative that is backed by a group including the Bezos Earth Fund and the Rockefeller Foundation met recently to...Read More

Carbon emissions are a major contributor to global warming and premature deaths due to air pollution cost the global economy the equivalent of the combined GDP of India, Canada and Mexico. A cornerstone of the EU’s climate policy is its carbon-trading scheme, which creates a new type of climate risk for the companies concerned, with...Read More