Europe may need to let airlines use United Nations credits to meet pollution caps after countries spurned the bloc's plan to apply its carbon market to overseas flights, according to ...
Emissions traders want United Nations climate talks in November to set rules on a trial system of globally linked carbon markets, according to their Geneva-based lobby group.
The European Union's 54 billion- euro ($71 billion) cap-and-trade system may be undermined if the bloc's Parliament votes against Climate Commissioner Connie Hedegaard's temporary rescue plan tomorrow.
The world should agree to limit global warming to just 1.5C instead of the current target of 2C, the United Nations' climate chief has said, in remarks that shocked the ...
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