Today, 06:23 PM
by Whitney Webb
November 7, 2024
Despite Republican rhetoric and Trump’s past policy on the Paris agreement, the incoming Trump administration is being heavily influenced by figures tied to carbon markets and efforts to implement dubious climate finance schemes.
While many Republicans for years have railed against the official narrative around climate change and many of the solutions promoted to mitigate it, climate finance is poised to make a comeback over the next 4 years, despite Republicans taking both the White House and the legislature by a significant margin. This is because many of the most influential names in the incoming Trump administration, as well as the previous one, have become intimately involved in creating carbon markets in recent years, while others have a long-standing track record of pushing carbon taxes and other forms of “carbon pricing.”
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