BP signs emissions trading agreement. (Environment).(Brief Article)

BP has signed an emissions-trading agreement -- for 1.05mt of carbon dioxide equivalent reduction, with an option for a further 50 000t -- with Australian company Global Renewables. The sale of emission reduction units (ERUs) by Global Renewables will be generated from its UR-3R or Urban Resource -- reduction, recovery and recycling waste processing facility, which is capable of diverting up to 80% of waste from landfill and is due on stream by …