Vested Interests Stymie Climate Action

LONDON — Insufficient support is holding back climate action across the bloc of former communist countries and Turkey, an EBRD report said Wednesday. The European Bank for Reconstruction and Development called for a sweeping system of carbon pricing, whether through taxes or cap and trade schemes, across the region that extends from Eastern Europe through to Ukraine, Russia and Kazakhstan. “Achieving international climate goals will not be possible without a carbon […]