Carbon Markets, EU, US

EU and US at loggerheads in failed COP28 carbon markets talks

No agreement was achieved during negotiations over Articles 6.2 and 6.4 of the Paris Agreement that took place at COP28 in Dubai. The articles deal with the trading of greenhouse gas emissions reductions and the mechanism for these trades. (Photo: Fadel Dawod/Getty Images)

Two weeks of negotiations on carbon markets ended without agreement, with rules’ flexibility and emissions removals among the sticking points

COP28 negotiators have failed to agree on principles governing the trading of greenhouse gas emission reductions, after some negotiating parties – including the EU and the US – ...

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