Can carbon markets help Biden raise more global climate aid?

The Biden administration is eyeing the use of carbon markets to help generate billions of dollars in promised international climate aid. But critics are concerned about the use of the markets and say they might not deliver. POLITICO’s Zack Colman breaks down this effort from the Biden administration and why it’s coming now. Plus, Gene Karpinski, the president of the League of Conservation Voters, will step down from the influential green group he led for the last 18 years. Zack Colman covers climate change for POLITICO. Josh Siegel is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Alex Keeney is a senior audio producer at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy