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Carbon Offsets Trading Could Go Two Very Different Ways

An over-supplied, lax voluntary market will result in very slow growth in prices, while a carbon removals-only scenario will cause an immediate spike, BNEF research shows

The 'Orca' direct air capture and storage facility in Hellisheidi, Iceland.

The 'Orca' direct air capture and storage facility in Hellisheidi, Iceland.

Photographer: Arnaldur Halldorsson/Bloomberg

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Decarbonization of the global economy will require a planet-sized transformation of industrial sectors and of consumption. There is a limit to what we can do, however. Reaching net zero emissions will almost certainly require actively removing carbon dioxide from the atmosphere.