Debrief: The pros and pitfalls of the trade in carbon credits

SINGAPORE – Singapore last week launched a virtual marketplace focusing on the commodity-du-jour: Carbon.

The new Climate Impact X (CIX) aims to be a global exchange and marketplace for “high-quality” carbon credits – which can be bought by firms or governments looking to reduce their emissions.

Please subscribe or log in to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

Find out more about climate change and how it could affect you on the ST microsite here.

Source: Read Full Article