Nonprofit Seeks to Trap Carbon in the Financial Markets | Sidnaz Blog
Nonprofit Seeks to Trap Carbon in the Financial Markets | Sidnaz Blog
Scientists have been trying to stash carbon emissions in rocks, soil and trees to slow the effects of climate change. Now an economics professor wants to trap carbon dioxide in the financial markets. Prof. Michael Greenstone’s plan takes advantage of the current cap-and-trade system around carbon emissions. It creates a secondary marketplace that allows organizations to offset their carbon…
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