It is crucial that Europe implements a 30% cut in carbon by 2020. And it'll make us globally competitive tooThis week ministers from across Europe are meeting to tackle a threat to our shared prosperity: the crashing price of carbon. The EU has the world's largest international emissions trading scheme (ETS). The amount of carbon that companies can emit is capped, and each firm has its own allocation of carbon permits, which they trade freely. Ultimately, cutting carbon can yield financial rewards.
See full Article: http://www.guardian.co.uk/commentisfree/2012/apr/19/we-need-this-key-climate-commitment
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