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Global airline deal to pave way for international carbon trade as countries move slowly

2016-03-03 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Carbon Pulse: A global carbon market mechanism for aviation is being tipped to shape international emissions trade as governments are likely to move more slowly in crafting new measures under the Paris Agreement, a conference heard on Wednesday. Decembers Paris pact rang in a new era of international carbon trading by enabling countries to collaborate in meeting their goals and establishing a new market mechanism, but both are expected to take years to be elaborated enough to stimulate activity. Responsibility...

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