Investors Are Increasingly Aware Of ‘Carbon Intensity’ ...Middle East

OILPRICE - Economy
Investors Are Increasingly Aware Of ‘Carbon Intensity’
source : OILPRICE ( Middle East ) () 8
Measuring carbon intensity is about to become a big business. The Big Four accounting firms have announced huge expansions of staff and investment to cater to this new business opportunity. Perhaps we’re paranoid, but we view this as a necessary predecessor to a carbon tax. The more accurately pollution is measured, the more accurately it can be taxed, at least in theory. And on top of that, the carbon offset business, recently in the news when forests planted out west to offset carbon emissions burned down. The carbon offset trade has set…

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