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U.S. to Negotiate Carbon Trades Under Climate Pact Shunned by Trump

  • Trump is leaving Paris accord but U.S. remains active in talks
  • Summit in Madrid drawing corporations, international leaders
Emissions rise from a refinery

Photographer: Luke Sharrett/Bloomberg

President Donald Trump may be withdrawing from the Paris climate agreement, but the U.S. is still going to be a force at the negotiating table as international leaders gather in Madrid next week to map out rules for carbon trading as a way to limit greenhouse gas emissions.

Despite Trump’s rejection of the global agreement to cut carbon emissions, U.S. officials have long advocated emissions-trading schemes on the world stage and the government wants a say in the structure of those carbon markets -- a key issue before delegates at the annual United Nations climate summit that begins Monday.