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| In theory putting a price on carbon emissions should incentivise businesses to stop polluting. So why have carbon markets failed to achieve their goal of reducing global emissions? Read more here: https://econ.st/3mi51Eo 00:00 - Has putting a price on emissions worked? 00:27 - Where do carbon markets come from? 01:42 - How does ‘cap and trade’ work? 03:22 - Why aren’t carbon markets reducing emissions? 04:15 - What are the loopholes? 05:24 - What are the solutions? Find The Economist’s most recent coverage on climate change: https://econ.st/3zCt2uW Sign up to The Economist’s daily newsletter to keep up to date with our latest stories: https://econ.st/3gJBH8D What’s the cheapest way to decarbonise?: https://econ.st/3iSDtVm Listen to our new podcast on tackling climate change: https://econ.st/3Fcx2pA Read more about how carbon prices can be used: https://econ.st/3AXBjdS Listen to our money talks podcast episode on pricing pollution: https://econ.st/3kOIEXB What is the role of green investment?https://econ.st/3zLVz0I |
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