In July this year, a group of asset managers with $6 trillion in assets under management called for a global price on carbon emissions. Even earlier, last December, another asset manager group launched the Net Zero Asset Managers initiative, committing to achieving net-zero status. To date, signatories to the initiative control some $43 trillion in assets. And now commodity traders are turning to carbon trading. With so much focus being put on reducing carbon emissions by governments, regulators, activist investors, and environmentalist groups…
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