'Crazy' carbon offsets market prompts calls for regulation

Demand for offsets is soaring as companies race to make "net-zero" commitments ­ yet there's little to hold companies accountable for the promises they make.
Photo: Sam Mcneil/AP/Ritzau Scanpix
Photo: Sam Mcneil/AP/Ritzau Scanpix
By Frances Schwartzkopff, bloomberg

When Swedish bank SEB AB announced recently that it wanted to buy into the market for carbon credits, what it got was a pile of duds.

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