U.S. climate envoy John Kerry said that he sees COP negotiations producing a deal on carbon-trading rules, a move that would be a major win after more than six years of failed efforts.“I believe it will,” he said in an interview with Bloomberg Editor-in-Chief John Micklethwait in Glasgow. “We could finish the rule book,” he said, adding that he was “going out on a limb.”Getting an agreement on the rules for trading carbon credits and offsets would mark a turning point for climate diplomacy. It should bring transparency and accounting rigor to the worldof offsets and help countries and companies cut emissions. But talks so far have been fraught and a complex set of technical rules still needs to be hashed out.
展开▼
