The spread of trade

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There's no denying it, green credit trading is fast emerging as the favoured support mechanism for renewables in the new millennium. Britain and Australia now join Denmark, the Netherlands and several US states in setting renewables obligations to be filled by green credit purchases. And while the EU might have failed in its latest attempt to get cross border trade in green power rolling, there's plenty of political will to make it happen in the future. Meantime Canada has taken the concept a step further with a trading exchange for "emission reduction" credits.

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