Bloomberg: 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.
A market framework recognized by the UN would allow member countries to pursue their own carbon-cutting programs, while providing a large pool of tradable emission-reduction credits, Dirk Forrister, president of the International Emissions Trading Association, said yesterday by phone. Prices in the pool may be lower than...