Asia Pacific > Asia > US-led ETA carbon market concept for ending coal could backfire and cause a massive CO2 increase, warns think-tank

US-led ETA carbon market concept for ending coal could backfire and cause a massive CO2 increase, warns think-tank

Published 17:48 on August 15, 2023 / Last updated at 18:56 on August 15, 2023 / / Asia Pacific (Asia), EMEA (Europe), International, Net Zero Transition (Power/Electrification), Voluntary (VCM Governance), US & Canada

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The US-led Energy Transition Accelerator (ETA) jurisdictional carbon crediting mechanism to phase out coal globally could backfire and cause a staggering 22 billion tonne increase of CO2 against a baseline case of no intervention, a UK think-tank has warned.
The US-led Energy Transition Accelerator (ETA) jurisdictional carbon crediting mechanism to phase out coal globally could backfire and cause a staggering 22 billion tonne increase of CO2 against a baseline case of no intervention, a UK think-tank has warned.


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