07.10.2008 - Carbon industry seeks UN credits to avoid `Famine'
From Bloomberg: The International Emissions Trading Association, a Geneva-based lobby group, called on European Union lawmakers to ease limits on the import of United Nations carbon credits to avoid a potential "famine.'' The European Commission, regulator of the EU carbon dioxide program, in January proposed to restrict use of UN credits to about 1.4 billion metric tons in the 13 years through 2020, assuming there's no international climate-protection agreement. The EU has the world's largest emissions-trading program..... Full Article: Source
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