Financializing the Environment: The Emerging Web3 Carbon Credit Markets
fundamentallabs.substack.com
Our unsustainable relationship with the planet is leading to climate change, biodiversity loss and environmental crises. More than 130 countries and regions around the world have proposed carbon neutrality goals, while green energy, low-carbon production facilities and sustainable development has become an international consensus. Carbon can be tracked and traded like any other commodity, building a market to decarbonize the global economy by putting a price on carbon and disincentivizing polluters. As environmental-friendly pressure increases, the carbon market is becoming an appealing financial marketplace for corporations to meet government environmental regulations in regards to carbon offsets. Examples include complex carbon emissions trading systems in the European Union, in Australia and in North America.
Financializing the Environment: The Emerging Web3 Carbon Credit Markets
Financializing the Environment: The Emerging…
Financializing the Environment: The Emerging Web3 Carbon Credit Markets
Our unsustainable relationship with the planet is leading to climate change, biodiversity loss and environmental crises. More than 130 countries and regions around the world have proposed carbon neutrality goals, while green energy, low-carbon production facilities and sustainable development has become an international consensus. Carbon can be tracked and traded like any other commodity, building a market to decarbonize the global economy by putting a price on carbon and disincentivizing polluters. As environmental-friendly pressure increases, the carbon market is becoming an appealing financial marketplace for corporations to meet government environmental regulations in regards to carbon offsets. Examples include complex carbon emissions trading systems in the European Union, in Australia and in North America.