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Leaders reach carbon agreement

Delegates at the G8+5 Climate Change Dialogue forum in Washington have agreed in principle to the setting up of a global cap-and-trade market for carbon emissions, similar to the EU Emissions Trading Scheme

Though the agreement is not binding, it is seen as an accurate indicator of current political attitudes.

Leaders from 20 countries – significantly, including the US and China – attended the two-day forum run by environmental action group Global Legislators Organisation for a Balanced Environment. Also present were key figures such as Sir Richard Branson, head of Virgin; Paul Wolfowitz, president of

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