Major investors press for tough carbon emissions treaty

By John Hailprin

Associated Press / October 20, 2011

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Large investors representing more than $20 trillion in assets urged governments yesterday to sign a binding treaty on carbon emissions at the U.N. climate talks in South Africa in December. A group of 285 investors say only legally enforceable carbon limits can spur the level of investment needed to keep temperatures from rising further. The group includes three major investor networks in the U.S., Europe, Australia, and New Zealand.

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