What a futile effort no matter where this is tried! Reeks of socialist central planning! What a waste of resources and money!
"The Indonesia Stock Exchange (IDX) on Tuesday launched a carbon trading bourse, as the coal-dependent country seeks to mobilize market incentives to support its emission cut targets.
The Financial Services Authority (OJK) appointed the IDX as the operator of Indonesia's carbon trading market, following the passage of an omnibus law on the financial sector in February that includes mandatory carbon trading for coal power plant operators."
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