Europe alone on emissions trading

Australia backs out of emissions trading scheme

The IPCC is meeting in Stockholm in a much-changed political climate compared with its last such gathering in 2007. Then, before the onset of the economic crisis, there was an expectation that a binding emissions-reduction deal could be reached in Copenhagen in 2009. Politicians from left and right were gushing over the potential for a market mechanism to solve the climate crisis through global emissions-trading schemes (ETS).

Please log in to read this article:

Forgot your password? Click here

Don't have a login yet?

Register for free to read this article.
It only takes a minute.