European Commission urges US to cooperate in CO2 cap-and-trade market

The European Commission today presented its proposals for a comprehensive new global agreement to tackle climate change to be concluded at the Copenhagen UN climate conference in December 2009. The proposal Towards a comprehensive climate change agreement in Copenhagen urges the U.S. to join the international community in a renewed cap-and-trade market linking members of the Organization for Economic Cooperation and Development, a group of 30 industrialized nations, by 2015.

Related Links

EU Business: EC Communication: Towards a comprehensive climate change agreement in Copenhagen – briefing

Bloomberg: EU Seeks CO2 Market With U.S., Climate Aid for Poor

NY Times: E.U. Appeals to U.S. to Join Common Carbon Trading Market

C-SPAN Energy: Al Gore testified before the Senate Foreign Relations Cmte. on 1/28

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