EU Carbon May Advance as EU Nations Consider Tightening Limits – Bloomberg

European Union carbon permits may advance in the next five months as 37 nations in the Kyoto Protocol consider tightening emission limits before 2020, according to Climate Mundial Ltd. in London. Each industrialized country in the climate-protection agreement needs to provide United Nations officials by April 30 “information relating to its intention to increase the ambition of its commitment,” according to a decision agreed a year ago in Doha, Qatar. Kyoto’s second-commitment period, which runs from this year, sets nations’ emission limits until 2020 when a new treaty is set to start.

Click here to read the full article.

Leave a Reply

Your email address will not be published. Required fields are marked *