A wide-ranging collection of national governments, the European Commission, American states and Canadian provinces have put their names to a partnership to fight global-warming. They gathered in Lisbon to announce the formation of the International Carbon Action Programme.
Among the signatories - the UK, Germany, and France - California, New Jersey and New York - all hoping that their co-operation will provide the basis for what they call a global carbon market. Together, they believe they can better monitor emissions, and through the carbon market, can trade greenhouse gas output among them.
Source. Euronews