Advertisement

LONDON/ SINGAPORE (Reuters) - A grand vision of a global carbon market to limit greenhouse gas emissions may be decades off as U.S. senators unveiled a climate bill on Wednesday, facing tough Republican opposition.

But far from being dead, national and regional cap and trade schemes are emerging as a possible patchwork successor to the international Kyoto Protocol on global warming, whose present round ends in 2012, in the absence of workable alternatives.

SOURCE

Advertisement
Advertisement