Officials Move Closer To Including Trading Measures In Paris Climate Deal

PARIS -- Top officials from developed and developing countries appear to be moving closer to including language encouraging international emissions trading and other market mechanisms in a final climate change deal being negotiated here, a top priority for the United States power sector and other trading advocates. Ministers from the European Union and Brazil Dec. 8 released proposed compromise language for inclusion in the text that establishes a mechanism -- to be overseen by signatories to the agreement -- to...