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EU and UK Close to Carbon Market Deal | Markets & Money News
The European Union and the UK are nearing a deal to link their carbon emissions trading markets, which could lower trade costs and enhance liquidity for businesses. This agreement, expected to be announced at the November 20 summit, would significantly simplify compliance for companies operating in both regions. After nearly six years of separate systems since Brexit, negotiators have largely settled on emissions limits and permit controls, with the final aspect concerning financial derivatives
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