| Although plans to link carbon-trading schemes internationally have suffered setbacks over the years, advocates of carbon trading hope the UN climate summit in Paris next year will produce new commitments.
Linked emission trading systems (ETSs) could create a larger and more liquid market, harmonise emission prices and reduce price volatility, according to a number of carbon market researchers. Higher emission prices would benefit gas over other fossil fuels because it is less carbon-intensive...............................................Full Article: Source
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