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The UK has again joined with 11 other countries and businesses across Europe to call on the European Union to urgently approve a temporary fix to its Emissions Trading System (ETS) that could force up the price of carbon…In a letter due to be published in the journal Nature Climate Change this week, Dr Chris Hope, reader in policy modelling at the Cambridge Judge Business School, and his son Mat Hope, a journalist and post doctorate at the University of Bristol, argue that governments cannot use the recession as an excuse for inaction on climate change…”

Read the full article [businessgreen.com]