Leaders of the coalition say there will be safeguards, while potentially delivering emissions reductions that many climate scientists would find impressive. If the group could eliminate 2.3 billion tons of greenhouse gas emissions, it would be about the equivalent of the annual output of India, according to Climate Advisers.
The Washington Post
With international climate aid yet to win support in Congress, the Biden administration has orchestrated a new proposal from major philanthropies and companies for a carbon-trading system to funnel private money to developing countries for clean energy development.
