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UN climate talks aim to pave way for global carbon market

from The Associated Press via The Baltimore Sun

Economists say that carbon markets like the can become a powerful tool in the fight against climate change, by giving emitters a financial incentive to reduce greenhouse gases. But despite making progress in other areas, governments have for years been unable to agree on the rules that would allow truly global trade in carbon permits to flourish. Negotiators at a U.N. meeting in Madrid this month are aiming to finally tackle the issue. more

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