Still more pure BS from IPCC head Pachauri

Focusing on Africa, Pachauri said the prediction for some countries was that, as early as 2020, agricultural yield would drop by up to 50%.

Breaking: International Emissions Trading Association opposes phase out of international emissions trading

LONDON (Bloomberg) — The European Commission’s stance on United Nations emission trading may hamper negotiation of an international climate agreement because it threatens developing nations, according to a traders’ lobby group.

The phasing out of the UN’s project-based Clean Development Mechanism proposed by the commission, regulator of the world’s biggest carbon market, would cut cash flowing to poorer nations from industrialized countries, the International Emissions Trading Association said on Tuesday in an e-mailed statement.