POL101Y1 Lecture Notes - Lecture 10: Kyoto Protocol, Carbon Emission Trading, Classical Liberalism
1 Feb 2016
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Document Summary
The kyoto protocol is an international treaty which extends the 1992. United nation framework conventions on climate change (unfccc) that commits state parties to reduce greenhouse gases emissions, based on the premise that a) global warming exists and b) man made. 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 options, by trading carbon credits with countries that are emitting 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. Un, also certified to certain emission units which they can sell to other countries.
