Climate change and carbon emissions trading
Flexibility mechanisms were defined in the Kyoto Protocol as different ways to achieve emissions reduction as part of the effort to address climate change issues. These fall into the following categories: Emissions Trading, Joint Implementation and Clean Development Mechanism. However, these have been highly controversial as they were mainly included on strong US insistence and to keep the US in the treaty (even though the US eventually pulled out). Some of the mechanisms face criticism for not actually leading to a reduction in emissions, for example. The updates to this article includes a couple of videos summarizing some concerns about cap and trade. Image ©: Centre for Science and Environment Read full article: Climate Change Flexibility Mechanisms

Flexibility mechanisms were defined in the Kyoto Protocol as different ways to achieve emissions reduction as part of the effort to address climate change issues. These fall into the following categories: Emissions Trading, Joint Implementation and Clean Development Mechanism.
However, these have been highly controversial as they were mainly included on strong US insistence and to keep the US in the treaty (even though the US eventually pulled out). Some of the mechanisms face criticism for not actually leading to a reduction in emissions, for example.
The updates to this article includes a couple of videos summarizing some concerns about cap and trade.
Image ©: Centre for Science and Environment