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  • Author:
  • Published: Feb 28th, 2009
  • Category: USA
  • Comments: None

US carbon cap, seen as crux of post-Kyoto treaty

| Sourced From Saudi Gazette |

A global carbon market will more likely underpin a new climate treaty, meant to be agreed this year to replace the Kyoto Protocol, after US support for a national cap and trade scheme. But crashing European carbon prices have hardened concerns that using markets may drive a stop-start fight against climate change.
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