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A Seachange Required on CO2 Emmissions

Category: EnergyEnvironment
Posted on: June 5, 2007 12:11 PM, by EJGili

Although the European carbon-trading arrangement is the world's most functional, the countries that administer it acknowledged in a meeting this weekend in Essen, Germany, that the system was shadowed by some major flaws, including a government-credit allocation plan that allows companies to profit by lobbying for additional pollution permits.
(IHT)

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