John Kerry Sees a Deal on Global Carbon-Trading Rules at COP

  • ‘Insanity’ not to measure progress toward targets each year
  • U.S. climate envoy comments in interview with Bloomberg Green

John Kerry at COP26 in Glasgow, U.K., on Nov. 8.

Photographer: Ian Forsyth/Getty Images

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U.S. climate envoy John Kerry said that he sees COP negotiations producing a deal on carbon-trading rules, a move that would be a major win after more than six years of failed efforts.

“I believe it will,” he said in an interview with Bloomberg Editor-in-Chief John Micklethwait in Glasgow. “We could finish the rule book,” he said, adding that he was “going out on a limb.”