Tags: carbon credit market | john kerry | coal | climate change | green energy

US Climate Envoy Kerry Announces New Carbon Market

US Climate Envoy Kerry Announces New Carbon Market
U.S. Climate Envoy John Kerry speaks at the COP27 U.N. Climate Summit on Nov. 9, 2022, in Sharm el-Sheikh, Egypt. (Peter Dejong/AP)

Wednesday, 09 November 2022 08:25 AM EST

U.S. climate envoy John Kerry announced plans for companies to buy carbon credits to support countries switching out of coal power on Wednesday.

Speaking at the U.N. Climate summit COP27, Kerry said that companies including Microsoft and PepsiCo were involved in the plans, while countries and environmental groups were also supportive. Fossil fuel companies were excluded, however, he said.

© 2024 Thomson/Reuters. All rights reserved.


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U.S. climate envoy John Kerry announced plans for companies to buy carbon credits to support countries switching out of coal power on Wednesday.
carbon credit market, john kerry, coal, climate change, green energy
59
2022-25-09
Wednesday, 09 November 2022 08:25 AM
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