British industry was staring at a fast-approaching cliff edge on 1 January when their carbon credits would become worthless. A compromise agreement has delayed this cliff edge, which could cost the UK £1 billion - but only for one year.
from Forbes Real Time https://www.forbes.com/sites/davekeating/2017/12/01/in-first-brexit-compromise-uk-gets-a-one-year-reprieve-for-carbon-traders/
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