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Carbon Trade |
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Carbon Trade A market proposed by the Kyoto Protocol in which each country participating receives a limit on the carbon emissions it and companies operating in it are allowed to produce. Countries (and/or companies) may buy and sell the emissions limits assigned to them. Carbon trade is intended to be an attempt to reduce overall carbon emissions while still allowing companies that may have difficulty doing so to have an outlet for transition. It is also called cap and trade or emissions trading. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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CANBERRA (Reuters) - Australia's parliament delayed a final vote on a government carbon trade plan on Friday, missing a key deadline, throwing Prime Minister Kevin Rudd's climate change policy into doubt and raising the possibility of a snap election. Friends of the Earth says this speculation and complexity has left the carbon trade exposed to 'high risk'. job loss, but also threatens our economic security abroad by starting a new international carbon trade war," Bond said Thursday. |
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