Brazil’s far-right President Jair Bolsonaro has signed a decree that he says will create a national carbon market to reduce greenhouse gas emissions. Brazil ranks sixth in the world for climate pollution, according to Climate Watch .
“In this still new green economy market, Brazil emerges as a powerhouse,” Bolsonaro said to a crowd of businessmen during a government-sponsored Global Carbon Market Congress Thursday night in Rio de Janeiro that was webcast but closed to the press.
