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The global warming industry has become a big business. With China now participating, the World Bank estimates that the worldwide value of carbon pricing has reached $82 billion this year – a stunning 56 percent increase from 2017.
The World Bank released a report showing how the once-moribund carbon markets are rebounding. More states are levying carbon taxes on their people, following the example of China. The world’s top polluter unveiled a comprehensive carbon tax plan late last year.