{"id":7107,"date":"2023-09-01T20:48:17","date_gmt":"2023-09-01T18:48:17","guid":{"rendered":"https:\/\/www.co2news.sk\/?p=7107"},"modified":"2023-09-01T20:49:46","modified_gmt":"2023-09-01T18:49:46","slug":"un-proposes-new-carbon-market-experts-call-for-a-different-approach","status":"publish","type":"post","link":"https:\/\/www.co2news.sk\/en\/2023\/09\/01\/un-proposes-new-carbon-market-experts-call-for-a-different-approach\/","title":{"rendered":"UN proposes new carbon market, experts call for a different approach"},"content":{"rendered":"<p>In 2015, when 174 countries and the European Union came together to finalize the Paris Agreement, each agreed to contribute to reducing greenhouse gas emissions. The signatories submitted their own specific targets \u2014 known as \u201cnationally determined contributions,\u201d or NDCs \u2014 that would theoretically help limit global warming to \u201cwell below\u201d 2 degrees Celsius (3.6 degrees Fahrenheit). It is largely up to each country to figure out how to achieve those emissions targets. Some countries, for example, have begun transitioning their energy sectors away from fossil fuels. Others have introduced carbon taxes or promoted electric vehicles. But countries also want to work together to achieve their NDCs \u2014 and are trying to create a new global carbon market to do so. The idea is to allow one country\u2019s emissions reductions to count against another country\u2019s climate progress. For example, a country like Indonesia could plant trees or build a wind farm instead of a natural gas power plant, and the project would generate carbon \u201ccredits\u201d representing a certain amount of greenhouse gas emissions avoided or reduced. Another country like the United States would then buy the credits and apply them toward its own NDC. (<em>Joseph Winters<\/em>)<\/p>","protected":false},"excerpt":{"rendered":"<p>In 2015, when 174 countries and the European Union came together to finalize the Paris Agreement, each of them agreed to contribute to reducing greenhouse gas emissions. The signatories submitted their own specific targets \u2013 known as \u201cnationally determined contributions\u201d or NDCs \u2013 which would theoretically contribute to limiting global warming to \u201cwell below\u201d 2 degrees [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-7107","post","type-post","status-publish","format-standard","hentry","category-uhlikove-kredity"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/7107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=7107"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/7107\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=7107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=7107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=7107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}