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The European Union is responsible for 14 percent of the world's total greenhouse gas emissions (Photo: European Commission)

Brussels examines post-Kyoto options

The European Commission is looking into ways to continue cutting greenhouse gasses post-Kyoto by improving the bloc's main tool in the fight against climate change - the EU emissions trading scheme (ETS).

"We have to keep the ETS simple and predictable," said Mogens Peter Carl, the head of the commission's environment department.

The emissions trading scheme (ETS) was launched in January 2005 to put a ceiling on the total emissions by major industrial energy users and reduce carb...

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The European Union is responsible for 14 percent of the world's total greenhouse gas emissions (Photo: European Commission)

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