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Kyoto Protocol: EU plan for carbon trading clears key hurdle
Europe - European Union ambitions to start trading in carbon dioxide (CO2) emissions next year to help meet targets under the UN's global warming pact cleared an important hurdle in Brussels on Wednesday, the European Commission said.
The EU executive announced it had approved eight national plans for sharing out emissions for energy-intensive industrial plants, a vital preparatory step for setting up a "carbon market" next January.