Editorial - Carbon footprints in the sand

A couple of hundred unlucky delegates are, at present, having the misfortune of attending a fourteen day United Nations Climate Change conference situated in the financial and political honey pot that is Bali. But as new Aussie PM garners mainstream column inches as he pledges to be the ‘bridge’ to China’s binding targets to cut carbon emissions, European Climate Exchange’s record volume announcement has gone largely under the radar. Between January and November, the exchange traded 915m tonnes of carbon dioxide EU Allowances. This was up from 452m tonnes in 2006 and 94m...