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Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

Since 2005, when major greenhouse-gas emitters among the Kyoto signatories were issued caps on their emissions and permitted to buy credits to meet those caps, there has been more than $300 billion worth of carbon transactions. Schapiro, Mark, “ Conning the Climate: Inside the Carbon-Trading Shell Game ,” Harper’s Magazine (February 2010).

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