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International Carbon Markets Expanding but Still Contentious

2013-04-11 01:21:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: Nascent carbon emissions-trading exchanges in several countries are increasingly looking at options to interlink with one another, which advocates say would offer investors long-term stability, increase revenues for the development of renewable energy and strengthen corporate support for climate policy. Yet critics warn that so-called cap-and-trade systems are inefficient and create incentives for polluting industries to continue with business as usual. They also warn that the new systems in the...

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