Climate: World Bank's Mani says new international trade agreement should account for climate change

With the U.N. Framework Convention's climate negotiations set to resume in Bali, Indonesia next week, the issue of international trade is a topic that will likely be discussed at the meeting. During today's OnPoint, Muthukumara Mani, senior environmental economist at the World Bank and author of the new report, "International Trade and Climate Change: Economic, Legal, and Institutional Perspectives," explains how the World Trade Organization and United Nations Framework Convention on Climate Change can address trade issues associated with climate change. Mani explains why he believes tariffs and taxes should be removed so developing nations can gain easier access to clean technologies. He also discusses how emissions created through the trade process should be handled.