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| Leader: climate change |
| FT.com Thursday, 30 November 2006 | |
| FT.com - One expects an estate agent to overprice a property so there is room to be beaten down. But it is depressing to see European governments do the same with their carbon emission quotas. The European Commission is therefore right to accept no nonsense, and insist on lower targets, because the credibility of carbon trading is now at stake. | |
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