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Climate talks should encourage new carbon-trade tests, IETA says

Posted on 06 September 2013

Emissions traders want United Nations climate talks in November to set rules on a trial system of globally linked carbon markets, according to their Geneva-based lobby group.
A market framework recognized by the UN would allow member countries to pursue their own carbon-cutting programs, while providing a “large” pool of tradable emission-reduction credits, Dirk Forrister, president of the International Emissions Trading Association, said yesterday by phone. Prices in the pool may be lower than in individual markets, which would attract nations seeking to cut costs, he said………………………………………..Full Article: Source


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