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Canada May Follow U.S. in Forming Carbon Caps, Market (Update1)


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May 25 (Bloomberg) — Canada will likely follow the U.S. lead in trying to stem global warming through passing legislation to limit greenhouse gases, Environment Minister Jim Prentice said.

The U.S. plan, to be backed by a new emissions market, may be copied by Canada for gases such as carbon dioxide, Prentice said in an interview in Copenhagen where he attended a conference. The trading systems might later be linked, he said.

Related posts:

  1. Canada to Impose Carbon Cuts If Government Falls (Update1)
  2. Canada to Start Emissions Trading in 2012, Point Carbon Says
  3. Iceland to Join EU’s Carbon Market in `Near Future’ (Update1)
  4. Montreal exchange ready for Canada CO2 market
  5. US and Canada will not join forces on carbon trading

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