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Uncertainty persists after Copenhagen

COP 15

Loss of momentum frustrates business leaders & prompts fall in carbon price

22-Dec-09  The failure of heads of state to reach a legally binding agreement in Copenhagen has done little to reduce the uncertainty felt by the business community about the future global policy framework for mitigating climate change. However, the political accord accepted by major future emitters, including China, could help US President Obama push emission cap and trade legislation through the US Senate. The Copenhagen summit's failure to produce more...

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