New markets open for carbon emissions, but are people buying it?
Today marks a new year and a new chapter in the global battle to combat carbon emissions. Utility companies across the eastern seaboard are lining up for the rights to carbon emissions. The new market called The Regional Greenhouse Gas Initiative (REGGI) is the beginning of a global trend in green politics. To explain all of this is Edward McBride, the energy and environment correspondent for The Economist, he joins John and Adaora from London to answer what is the price of used carbon?
The story you just read is available for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll get us one step closer to our goal of raising $25,000 by June 14. We need your help now more than ever!