California and Mexico sign pact to fight climate change

July 29, 2014 4:05 AM

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California and Mexico sign pact to fight climate change

SAN FRANCISCO (Reuters) - California Governor Jerry Brown and Mexican environmental officials signed a pact on Monday aimed at reducing greenhouse gas emissions, an agreement that could eventually expand the market for carbon credits.

The six-page memorandum of understanding calls for cooperation in developing carbon pricing systems and calls on the partners to explore ways to align those systems in the future.

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