"The government has been dragging its feet for quite some time on this," said Simone Ruiz, European policy director at the International Emissions Trading Association, a trade group. ISTANBUL, Turkey—Turkey is finally getting serious about building a domestic carbon trading scheme, and many Western governments and carbon market analysts worldwide are watching to see if it will follow through on its pledges.
Turkey is laying the groundwork for a mandatory carbon trading plan that could eventually take aim at its soaring global warming emissions. Why now?
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