In thought striking a designate on carbon emissions must incentivise companies to quit polluting. So why have carbon markets did no longer attain their purpose of lowering world emissions? Be taught more here: https://econ.st/3mi51Eo
00:00 – Has striking a designate on emissions worked?
00:27 – Where enact carbon markets advance from?
01:42 – How does ‘cap and substitute’ work?
03:22 – Why aren’t carbon markets lowering emissions?
04:15 – What are the loopholes?
05:24 – What are the alternate ideas?
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