The European Commission and Australia have announced a link up between their emissions trading systems, in a commitment to cut the amount of carbon pollution and increase liquidity in the market.

 

Initially the plan is to create a partial link between both parties that will be in operation by July 2015, graduating to a full link up of a trading emissions system from July 2018.

 

In the meantime the commission will be seeking a mandate to negotiate a treaty on beha...


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