At around 3 a.m. on Dec. 12, 2015 — essentially the very last minute — U.N. negotiators added a critical element to the historic Paris climate accords, the agreement aimed to dramatically reduce civilization's emissions of heat-trapping greenhouse gases.
This late-night addition, called "Article 6," proposes a plan for putting a price on carbon, which would make burning oil, gas, and coal increasingly expensive, and less attractive. But four years later, the U.N.'s 193 members have yet to agree on how to make this carbon-pricing scheme work.
It's a glaring piece of unfinished, ruthlessly complex business — but it will now be completed. At least, that's the plan. Read more...
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