July 3, 2023

Day

A recent agreement will allow the Brazilian state of Tocantins to sell carbon credits to Swiss oil-trading company Mercuria. Proponents see the deal as an opportunity for Tocantins to obtain financial resources that will support the state’s environmental policies. However, carbon offsets are hotly debated and many experts say the carbon market does more harm...
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The scheme aims to fund the coal-to-clean energy transition in emerging economies like Indonesia but experts warn the fine print is key. A new scheme could create a huge number of carbon credits to unlock rich countries’ financial support for the switch from coal to clean energy in emerging economies. The coal to clean credit initiative aims to...
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