04.06.2015 - Carbon trading schemes around the world
Europe's top oil and gas companies this week urged governments around the world to introduce a pricing system for carbon emissions. While a global carbon market remains elusive a report published by the World Bank last week showed 40 nations and over 20 cities, states and regions now have a price on CO2 emissions, covering around 12 percent of annual global greenhouse gas emissions, or the equivalent of nearly 7 billion tonnes of CO2. The value of global schemes to price carbon totaled almost $50 billion as of April 1, with the bulk of this, $34 billion from emission trading schemes,the World Bank said...............................................Full Article: Source
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