The European Union said it prefers controlled purchases of international carbon credits over the acquisition of them by individual companies, as it wants to ensure only high-quality projects count toward its ambitious climate target.
Investors in emissions-reduction projects called on the EU to agree on the rules as soon as possible. Photographer: Milan Jaros/Bloomberg
The European Union said it prefers controlled purchases of international carbon credits over the acquisition of them by individual companies, as it wants to ensure only high-quality projects count toward its ambitious climate target.
Investors in emissions-reduction projects called on the EU to agree on the rules as soon as possible. Photographer: Milan Jaros/Bloomberg