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In recent times, carbon-intensive sectors in many parts of the world have been subject to mandatory programs that obligate reporting of greenhouse gas (GHG) emissions, set thresholds for permitted emissions and enforce compliance using instruments such as carbon taxes or cap-and-trade. Governments have also signed on to binding international treaties that commit them to reducing their GHG emissions and ultimately achieving carbon neutrality by 2050.
 Including the United Kingdom, the European Union, Australia, South Korea and California.
 For example, the Kyoto Protocol and the Paris Agreement made pursuant to the 1992 United Nations Framework Convention on Climate Change (UNFCCC).