Davis Polk senior counsel Annette Nazareth was quoted in a recent Reuters article discussing the anticipated futures market for carbon-pricing offsets being spurred by a private-sector initiative. “A growing number of companies are committing to net zero (emissions), but what they would like to have is vibrant, transparent, liquid carbon markets,” Nazareth noted.

“Global spot, futures market for carbon takes shape as private initiative moves toward implementation,” Reuters, March 29, 2021 (subscription required)

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