In Europe, which has the most comprehensive carbon trading system in the world, emissions have risen during the past two years. (globalwarmingheartland.org)
Even if an operational global carbon trading system could feasibly transfer costs between countries to make it politically palatable, it is likely that countries such as India would not see it as fair. (carbonbrief.org)
For China, the meetings come as the country gears up to deploy the world's largest carbon trading system, projected to top more than $ 61 billion in trading volume a year (EnergyWire, Aug. 23). (scientificamerican.com)