| Last-minute deal breaks political stalemate to deliver $900m to programmes to cut greenhouse gases. The EU's carbon market may be spluttering, with carbon plummeting to its lowest price in more than three years on Friday, but elsewhere in the world there are signs carbon trading systems are finally demonstrating a degree of maturity.
In the US last week years of fraught negotiations came to an end with an agreement by the Californian state legislature to spend $900m of revenues from the state's carbon-trading programme on a host of policies to support its ambitious climate change programme...............................................Full Article: Source
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