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COP28 failed to produce the structure for a global carbon dioxide offset market, a market vital for reducing emissions by enough to achieve major temperature goals.
COP28 failed to produce the structure for a global carbon dioxide offset market, which is is needed to reduce emissions by enough to achieve major temperature goals.
Progress at COP28 on structuring carbon offset markets will be in the right direction; but the resulting prices might be too low for the future health of the planet.