POL101Y1 Lecture Notes - Lecture 10: Carbon Emission Trading, Contract, National Energy Program
Document Summary
The kyoto protocol is an internaional treaty which extends the 1992 united naion. Framework convenions on climate change (unfccc) that commits state paries to reduce greenhouse gases emissions, based on the premise that a) global warming exists and b) man made co2 (carbon dioxide) emissions have caused it. The point of the treaty to get developed countries to reduce their own emissions. The countries that agreed set goals to reduce certain amount of gases by set date. Carbon trading: (clinton) any developed country would have other opions, by trading carbon credits with countries that are emiing less. They can avoid reducing emission by buying credits from countries that are less. Countries can by the credit to admit more, and to not reduce their emissions. Mexican isthmus: thin part of mexico that is very windy. They can sell the energy that is generated by that wind farm.