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U.S. Said to Engage in Talks on Carbon Market Rules

2015-10-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The U.S. is engaged in talks on setting international rules and guidelines for carbon trading in the event that United Nations climate talks fail to set a framework for such a system, according to a person with direct knowledge of the plan. A coalition of nations and regions willing to implement the market standards to meet their domestic climate targets would be a fallback position in case the UN-negotiated climate deal expected in Paris doesnt include such measures or progress is deemed too slow,...

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