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> JAKARTA — Indonesia has just launched its first carbon emissions trading market in a bid to fight climate change.The Southeast Asian country is one of the wor
by gustavus 3y ago
> JAKARTA — Indonesia has just launched its first carbon emissions trading market in a bid to fight climate change.The Southeast Asian country is one of the world’s top 10 greenhouse gas emitters, with a bulk of its emissions coming from the burning of coal to generate power. To fight climate change, Indonesia has pledged to reach net carbon neutrality by 2060. The government has touted the carbon market as a part of its climate policies.The market offers companies and financial institutions a mechanism to offset their emissions while providing funding for carbon reduction projects.
I have just so many thoughts about carbon credits but The BOFH expresses them much better than I ever could
https://www.theregister.com/2008/02/01/bofh_episode_4/ https://www.theregister.com/2008/02/01/bofh_episode_4/
- deleted 3y ago[deleted]
- PaulHoule 3y agoI agree with the idea that developing countries need funding for protecting nature. What I son’s agree with is linking a particular act of consumption that happens in a short time (taking a flight) to a management decision that has to be implemented in the long term (preserving a forest)