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    LONDON, UNITED KINGDOM -- A United Kingdom government report shows the United Kingdom will fall short of its 2010 goal of cutting carbon dioxide emissions. But it said it is still on track to nearly double its Kyoto target of reducing total greenhouse gases 12.5 percent below 1990 levels by 2012.
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    LONDON, UNITED KINGDOM -- A U.K. group is calling for a climate change strategy similar in scale to Franklin D. Roosevelt's New Deal, including a massive investment in renewables and major shake-up of taxation and financial systems.
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    OAKLAND, Calif. -- Ontario, home to Canada's industrial sector, is the fourth province in Canada to join the Western Climate Initiative. The regional collaboration that includes seven U.S. states will launch a cap and trade system in 2010 to reduce emissions 15 percent below 2005 levels by 2020.
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Voluntary Carbon Markets: An International Business Guide to What They Are and How They Work

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By the end of 2006 the world carbon market will top $30 billion in transactions; HSBC, Volvo, Avis, Ricoh, and American Express are just a few of the thousands of companies now offsetting their CO2 emissions and becoming "carbon neutral," fuelling a massive international voluntary carbon market that is growing exponentially.

This book is a business guide to the "next big thing" -- carbon markets -- with complete coverage of what voluntary carbon markets are, where they are, how they work and how to capitalize, as a buyer or a seller, on a market that has the potential to both mirror oil and gas in scale and to slow climate change.

This business book is written in a fast-paced journalistic style, and draws together all of the key information on international voluntary carbon markets with commentary from leading practitioners and business people. While maturing quickly, the voluntary market is complex, fragmented, and multi-layered, but it is beginning to consolidate around a few guiding practices and business models from which conclusions can be drawn about market direction and opportunities.

The book covers all aspects of voluntary carbon markets in the U.S., Europe, Australia, Canada, and Asia: what they are, how they work and, most critically, their business potential to help slow climate change.

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