License to pollute - Carbon markets and the new economy of nature Emission trading systems aim to put a price on carbon, to save emissions where it is cheapest and benefit the global climate. But the approach has failed so far. In the EU, the price for carbon has dropped to a low, so producers can easily continue polluting. And they are actually making huge profits from the permits they receive. This external content requires your consent. Please note our privacy policy. Open external content on original site This external content requires your consent. Please note our privacy policy.