‘Trading Up’: Improving and extending the European carbon market

The 2007 Spring European Council in early March decided to target a 20% cut in greenhouse gas (GHG) production by 2020, compared to 1990 levels. The Council also allowed for a 30% cut if an international agreement is reached. This sets a new challenge for policy makers in Europe. Thus the timing of the sixth British-German Environment Forum in Berlin on 26–27 March 2007 - with the aim of developing ideas and consensus to move forward the policy debate on solutions to climate change, and in particular the carbon market – could hardly have been better.

By AGF,UK and Germany.

Business Policy Resource.