What are compliance carbon credits? Carbon credits are traded on two kinds of markets: compliance markets and voluntary markets. Compliance markets are mandated and regulated through legislation and give companies the ability to purchase carbon credits with the goal of complying with their emissions reduction obligations. Voluntary markets function outside of a compliance regime and...Read More
The European Union’s new Carbon Border Adjustment Mechanism should incentivize more countries to put a price on carbon, but not the U.S. Currently, about 25 percent of carbon released in the atmosphere is covered by some kind of carbon price — often levied in the form of a carbon tax or managed through an emissions trading system....Read More