Merkel: Markets, not just bans, needed to curb CO2 emissions

BERLIN (AP) — German Chancellor Angela Merkel says market-based mechanisms such as carbon pricing will be necessary to effectively reduce emissions of climate-warming gases.
Merkel said Friday she’s “encouraged” by a report from independent economists that suggests bans and other regulatory measures alone won’t be enough to curb emissions.
The leader of Europe’s biggest economy said her government aims to reach a decision by the end of September on what steps