Carbon Credits: Promoting Sustainable Development or Trading in Pollution? |
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» Business Ethics Case Studies Please note: This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source. |
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Excerpts
CO2, the most important among GHGs, was turned into a trading opportunity to help combat global warming. Carbon credits were trading instruments introduced to counter carbon emissions and mitigate global warming... Emissions TradingThe rising pressure on countries to address climate change led to the rise of a multimillion dollar international market for buying and selling emissions of GHG. The justification for the existence of a global carbon market was provided by the "equivalence" principle... |
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