Time fading for global emissions scheme?

05/20/2013 | Reuters · China Daily (Beijing)

European officials have vowed to bring their carbon credit purchase scheme back into action unless the International Civil Aviation Organization, which has an assembly Sept. 24 through Oct. 4 this year, offers a better solution. But an ICAO deal may not come in time; the assembly, which would have to approve any global regime, meets only once every three years.

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Reuters · China Daily (Beijing)

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