The world of carbon markets has been defined by the offset – the ability to use emission reductions from outside the capped regime. It is the offset that distinguishes emissions trading from a carbon tax. Without offsets, the economics of both would be similar. The question remains, with challenging prospects for the world’s offsetting markets, can the patient be cured?
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BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
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