Climate Change Economics

LOWERING CARBON INTENSITIES, NOT STANDARDS OF LIVING

 
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Q+A-What Copenhagen Accord Means for Prices, Markets

"The European Union said the accord -- weaker than a legally binding treaty and weaker even than the 'political' deal many had foreseen -- was not ambitious enough to persuade it to raise its carbon cutting target to a 30 percent cut by 2020 versus 1990 levels from a 20 percent cut." "The Copenhagen Accord also cast more uncertain ...
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Compiled by Michael Szabo; Editing by Sue Thomas

 

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