Wealthy nations willing to collectively spend about $1 billion annually could prevent the emission of roughly half a billion metric tons of carbon dioxide per year for the next 25 years, new research suggests. It would take about that much money to put an end to a tenth of the tropical deforestation in the world, one of the top contributors to greenhouse gas emissions, researchers estimate.
China burns more coal than any other country; how it does so in the future will determine our planet’s climate. Jeff Tollefson reports from Beijing.
Wealthy nations willing to collectively spend about $1 billion annually could prevent the emission of roughly half a billion metric tons of carbon dioxide per year for the next 25 years, new research suggests.
MUMBAI: A month after IDEAcarbon launched the world’s first carbon credit rating service in London, the firm plans to rate carbon credits generated from India’s clean development mechanism (CDM) projects.