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Page last updated at 08:11 GMT, Thursday, 5 November 2009

Government 'needs new carbon strategy'

Friends of the Earth (FOTE) have warned that plans to expand carbon markets could trigger a second "sub-prime"style financial collapse, and fail to protect the world from global warming catastrophe. CEO of the European Climate Exchange Patrick Birley and the author of the FOTE report, Sarah Jane Clifton, discuss the rise in the carbon trading market.

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