BRITAIN – KYOTO
December 1st, 2002
BY ALAN OSBORNTHANKS to the rapid development of an emissions trading scheme (ETS) British businesses are adjusting well to the requirements imposed on them by the Kyoto Protocol, the UK Government is claiming. DEFRA (Department for Environment Food and Rural Affairs) officials say the market has exceeded expectations in volume and smoothness of operation since it began in April this year. "There were some concerns that there wouldn't be a market but this has proved untrue - it's up and running and people are trading almost on a daily basis which is pretty ...
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