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World approves UN rules for carbon trading between nations at COP29

Economic Times LogoEconomic Times7h ago

World approves UN rules for carbon trading between nations at COP29 - Economic Times

Quick Summary:

Carbon credits are generated by activities that reduce or avoid planet-heating greenhouse gas emissions, such as planting trees, protecting existing carbon sinks or replacing polluting coal with clean-energy alternatives.

Despite these positive signs, some experts expressed doubt that the quality of the carbon credits traded on the regulated market would be much better than those that came before.

These "voluntary" markets have been rocked by scandals in recent years amid accusations that some credits sold did not reduce emissions as promised, or that projects exploited local communities.


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Article Details

Author / Journalist: AFP

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 11:07:06 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1327 words

Reading Time: 8 minutes read

Sentences: 39 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 23814988

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About Economic Times

Economic Times Logo

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 5 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

Publisher Details

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The story "World approves UN rules for carbon trading between nations at COP29" was covered 7 hours ago by Economic Times, a news publisher based in India.

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  • News ID: #23814988
  • URL: https://beamstart.com/news/world-approves-un-rules-for-17325138435172

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