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What will be the international reaction to Brazil's carbon credits market by the end of 2025?
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Resolution / Starting Odds
Positive support • 25%
Neutral • 25%
Criticism • 25%
Mixed reactions • 25%
Statements or reports from international environmental organizations or foreign governments
Story
Brazil's Congress Approves Carbon Credits Market Rules with 356 Votes, Awaiting Lula's Sanction
Nov 20, 2024, 12:19 PM
Brazil's Congress has approved legislation establishing rules for the local carbon credits market with 356 votes in favor. The project, which passed through both the Chamber of Deputies and the Senate, is now awaiting the sanction of President Luiz Inácio Lula da Silva. The carbon market will be implemented gradually over the next six years.
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Yes • 50%
No • 50%
Condemnation by international bodies • 25%
Sanctions or penalties • 25%
Diplomatic discussions • 25%
No significant international response • 25%
No significant response • 25%
Diplomatic protests • 25%
Trade sanctions • 25%
International mediation • 25%
Positive (Stock price increase >10%) • 25%
Neutral (Stock price change ±10%) • 25%
Negative (Stock price decrease >10%) • 25%
Other • 25%
Strong Condemnation • 25%
Mild Criticism • 25%
Neutral • 25%
Supportive • 25%
Majority implemented • 25%
Half implemented • 25%
Few implemented • 25%
None implemented • 25%
Positive impact • 25%
Neutral impact • 25%
Negative impact • 25%
Mixed impact • 25%
