Films | Climate Essentials
Can carbon markets reduce carbon emissions?
So far, progress has been slow
![](https://www.economist.com/cdn-cgi/image/width=1424,quality=80,format=auto/sites/default/files/20211009_blp903.png)
In theory putting a price on emitting carbon should incentivise businesses to stop polluting, but in practice carbon markets are yet to achieve their goal of reducing global emissions. Why aren’t they working, and what needs to change to make them more effective?
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