RTCC: Last week the EU carbon price fell below EUR5 a tonne -- a record low. This is the latest in the series of signals suggesting global emissions trading schemes are in trouble.
New markets are opening around the world, but their future requires strong policy signals from governments, which in turn can be a catalyst for investor certainty.
What could world leaders offer at the forthcoming World Economic Forum in Davos to rescue this vital but ailing part of the global climate framework?
As...