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

Nov 28, 2022 - 10:28

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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.

Cartoon Depicts politics in global warming negotiations where an emissions-producing Uncle Sam (representing the rich nations, including the US) is twisting the arms of a poor person (representing poor nations) to sell emissions quotas at dirt cheap prices