Roger Harrabin, an Environmental Analyst at the BBC, reports that a leaked document suggests that EU Nations should be allowed to trade away up to 50% of the CO2 reductions that they are committed to. This would represent an increase in the original limit for trading which was set at 30%. This would in effect allow some developed countries to 'offset' more of their emissions reductions. The article on the BBC website outlines various reactions to this suggestion.
UK seeking CO2 trading increase
,18 Sep 2008