"Most importantly, trade, in the climate change era, allows economies with relatively clean sources of energy to specialize in energy-intensive goods and services. It is essential both to shift the footprint of global production to where things can be made at the least cost to the environment and to allow the dirtier producers in the developing world to acquire technologies — mostly originated in richer nations — that will enable them to reduce their emissions, too."
The way to unlock the power of society and the private sector is by giving people the freedom to innovate.
Voluntary carbon markets can accomplish the economic and environmental goals that policymakers and consumers want at a more competitive price.
Talus offers a sustainable, low-cost ammonia alternative that will save farmers money and help the agricultural industry reduce its emissions.
Opening up trade, reducing inefficient regulations, and promoting pro-growth tax policies will allow the market to respond to consumer demands for cleaner technologies without leaving the developing world behind.
Market-based conservation efforts are showing the power that incentives and private management provide in protecting endangered and threatened species.
Blocking Access to American Energy Resources Invites Aggression
As the heart of South America, Paraguay is leading the way for other developing nations to follow.
"The steelmaker hopes to kick off the construction of a North American site by 2026, with production starting four years later. Executives say it will take about 18 months of permitting, similar to Sweden, but public support for major projects can be unpredictable in Quebec."
The economic and environmental opportunities make voluntary carbon offset markets worth fixing, not abandoning altogether.
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