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Stock impact report

Insurers Are Working to Shore Up the $2 Billion Carbon Offset Market [Yahoo! Finance]

Markel Group Inc. (MKL) 
Last markel group inc. earnings: 4/28 04:54 pm Check Earnings Report
US:NYSE Investor Relations: markelcorp.com/investor-relations
Company Research Source: Yahoo! Finance
(Bloomberg) -- Data fraud, questionable accounting practices and intensified catastrophes are just some of the issues that have battered the voluntary carbon market. Most Read from Bloomberg Singapore Air Changes Seatbelt Rules After Fatal Turbulence SpaceX Weighs Plan to Sell Shares at $200 Billion Valuation Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes Harvard Students Walk Out of Commencement Protesting Suspensions China's $538 Billion Deposit Exodus Supercharges Rally in Bonds Those misfortunes have helped spur a new line of business: Insurance policies designed to de-risk credits that polluters buy to neutralize their climate impact. Whether insurance can help stabilize an industry under heavy scrutiny remains to be seen, though. Carbon credits are a financial instrument to help channel capital into projects that cut greenhouse gas emissions. Project developers sell credits equal to one ton of carbon dioxide reduced or avoided to polluters who want t Show less Read more
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