FYI: ECO is highly principled, and believes that a key role of the Paris agreement will be to enshrine durable principles. Specifically for carbon markets, the following principles should be inscribed: Real: unless the emissions reductions have actually occurred, and are not an accountancy trick, what’s the point of a market? Supplemental: a failure of carbon markets has been the result of inadequate levels of ambition to drive the market. Only countries with targets that represent their fair share of effort towards the 1.5oC goal should be allowed to trade, and then only for levels of ambition above that fair … Continue reading Let’s Get Ethical