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Kyoto's (not so) Clean Development Mechanism
Source: Posted: 12-04-2006 at 12:00:23
| Green Left: A year after the ratification of the Kyoto Protocol, which involves 166 countries and commits 36 industrialised nations to binding CO2 emission cuts of 5.2% by 2012, global emissions are rising faster than ever. This is because Kyoto promotes carbon trading as the key mechanism to reduce CO2 emissions. Today the global carbon market worth US$22 billion is being called a "green goldrush". The Stockholm-based Dag Hammerskjold Foundation's 360-page study, Carbon trading: a critical ... |
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