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What is the difference between the voluntary and regulatory carbon market?

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What is the difference between the voluntary and regulatory carbon market?

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Various governments around the world have already introduced a regulated carbon market (such as a cap and trade model) for trading greenhouse gas emissions (GHG) emissions . Alongside the various regulated markets a growing number of climate savvy businesses and organisations have also begun to reduce their own GHG emissions in a voluntary carbon market. For example, Australia plans to introduce a regulated carbon market via a proposed emissions trading scheme (ETS) in 2010.

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