Big Profits, and Questions, in Plan to Cut Emissions
December 21, 2006
New York Times
Public Policy and Regulation Group member
Michael Wara was quoted in this
article addressing carbon trading in China. Under a new United Nations-backed
program aimed at limiting global warming, businesses in wealthier nations of
Europe and in Japan help pay to reduce pollution in poorer nations as a way of
staying within government limits for emitting climate-changing gases like carbon
dioxide, as part of the Kyoto Protocol.