No-lose carbon limits may lure poor nations, says EU
The European Union may entice developing nations including China into a global climate agreement by setting "no-lose'' greenhouse-gas targets, which offer incentives to cut emissions and no penalty for failure. Targets may be unveiled for industries such as power generation and steel, providing developing nations with carbon credits they could sell to richer countries with stricter limits, according to an EU document posted on a United Nations Web site. International negotiations take place next month in Bonn.