Carbon emissions trading is gaining popularity in established markets and in emerging economies; in fact it now covers 15 percent of all emissions globally, finds the International Carbon Action Partnership’s new report on emissions trading activity in 2017.
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As President Donald Trump has abdicated his leadership on climate change by denying the legitimacy of the results produced by 99 percent of the world’s climate scientists, by defunding low-carbon efforts and embracing fossil fuels, and by declaring he will pull the United States out of the Paris Agreement, someone else has stepped in to lead on this crucial issue – California Governor Jerry Brown.
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Since the Paris Climate Agreement was reached in December, preventing the greenhouse gas carbon dioxide (CO2) from entering the atmosphere has become a top priority for many governments, utilities and private individuals who believe climate change to be the major problem of this generation.
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