For the most part, big business wanted one thing from the climate accord in Paris on Saturday: a price on carbon dioxide (CO2) emissions. While on the surface their hopes were dashed, looking deeper may give them cause for hope. The binding part of the deal, for the nearly 200 nations that agreed to it, allows countries to use "internationally transferred mitigation outcomes," which could allow nations on a voluntary basis to offset their own CO2 emissions by buying credits from other nations.
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