Attempts to reduce carbon dioxide emissions are not restricted to environmental and technological approaches, as economic instruments are meant to support campaigns against global warming.
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BCP forges pact to create Carbon Markets Club
published : 29 Jun 2021 at 04:00
Mr Chaiwat said the alliance members also got together to provide financial support to renewable energy development.
In the market, the amount of greenhouse reduction, known as carbon credits, generated by environmental projects can be traded so companies can offset the carbon dioxide they release into the atmosphere.
The 11 firms signed a memorandum of understanding yesterday to brace for stricter trade rules in the post-pandemic period when European countries may, under the European Green Deal, impose a non-tariff barrier on Thai exports from factories that emit high levels of carbon emissions.