carbon trading

No Carbon Copy (34.6)

In March 2008, the Canadian government released the latest details of its proposed action plan for tackling climate change in Turning the Corner: Regulatory Framework for Industrial Greenhouse Gas Emissions. It doesn’t include provisions to reach Canada’s Kyoto target of a six-per-cent reduction from 1990 levels by the 2008 to 2012 reporting period. Instead, it outlines proposals for reducing emissions of carbon dioxide (CO2) and other greenhouse gases (GHGs) by 20 per cent below 2006 levels by 2020, and by 60 to 70 per cent below 2006 levels by 2050.

Greener on the Other Side (34.6)

Over the past decade and a half, Europe has become something of an international environmental leader. Climate policy in the European Union (EU) – with a variety of programs and measures, including emissions trading – has been in advance of most other developed countries. European states such as Germany, Sweden, Denmark and, more recently, the UK, have pushed forward innovations in various environmental domains.

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