New Limits on Pollution Herald Change in Europe.

Focuses on the European Climate Exchange, the first mandatory carbon emissions trading market that will go live in February 2005 and is intended to prepare the 25 European Union (EU) countries for the requirements of the Kyoto Climate Protocol. Concerns raised by some EU companies about the new limits on their carbon emissions; Views of Peter Koster, chief executive and founder of the exchange, regarding the experiment that formalizes a system to fight global warming; Treaty's requirement to nations that signed it to cut carbon emission beginning 2008.