Market incentives key to fixing carbon pollution
Countries must find common ground on emissions before a global solution to carbon controls can be reached.
There is no silver bullet that will undo the effects of global warming, but markets can play a key role in encouraging businesses to use clean technologies. One of the cheapest ways to create such incentives is through so-called cap-and-trade schemes, said Paul Ezekiel, Credit SuisseÆs global head of carbon trading. Ezekiel was speaking at the Credit Suisse Asian Investment Conference in Hong Kong yesterday.
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