China’s national carbon market has been trading for two years. At present, the market only covers China’s power sector, but the plan is for it to steadily expand, embracing other emissions-intensive industries, such as steel, non-ferrous metals and building materials. The steel industry accounts for about 15% of China’s carbon emissions, making it the largest carbon emitter...Read More

Across the United States, more and more companies are pledging to zero out their greenhouse gas emissions using “voluntary carbon offsets” — credits that represent some amount of climate pollution that’s either prevented or removed from the atmosphere. These credits, bought and sold on unregulated markets that are expected to be worth up to $100 billion...Read More