Carbon credit market sees first credible audits
A closer look at a story that's been building for weeks, and what the next move likely is.

The decision-makers involved insist nothing is settled, which is exactly what decision-makers say when something is starting to settle.
Skeptics point to the long history of premature declarations. Their caution is earned, and worth keeping close at hand.
Still, the conversation has changed. The questions in the room are different from the questions in the room six months ago.
Critics raise familiar objections, and some of them land. The honest answer is that the tradeoffs are real and worth naming.
The numbers tell part of the story. The rest lives in the texture of how people are actually behaving when no one is watching.
Outside the room, the response has been faster, messier, and considerably more interesting.

