EU Agrees Rules on Emission Permits as UN Envoys Eye Kyoto Deal
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European Union governments agreed to seek full banking of unused United Nations emission rights for after 2012 and a limit on their sale in a bid to facilitate a global deal on extending the Kyoto Protocol.
The 27-nation bloc is pushing for acceptance of its position at the UN climate summit in Doha, where negotiators from more than 190 countries are due to conclude two weeks of talks today. Their aims include adopting a second commitment period of the Kyoto treaty, whose greenhouse-gas reduction targets for industrialized nations expire this year.