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2007-01-28 03:02:29 · 7 answers · asked by vijay s 1 in Environment

7 answers

It is a system of emission credits: a system of credits that allows a company or country that reduces its carbon-dioxide emissions below a target level to sell the extra reduction as a credit to a company or country that has not met the target level

2007-01-28 03:10:49 · answer #1 · answered by Coco28 5 · 0 1

According to the Kyoto protocol is gives money value to extra reductions of pollution behind targets. That value can be exchanged to by real money, but not by emissions.
It encourages developement of environmental companies and tecnologies among members of the group.
It is hardly to know how much it has caused that european companies currently lead by far environmental technologies and clean electricity generation and developing countries are reducing its net emissions (pollution versus green surface increase).

But it is not only a good business, Europe-15 has reduced its emissions 5% comparing to 1990. Althought it is still far from target, still 18 months for first check of progress. And they expect to reduce 20% to 30% to 2020.

In the last World Economic Forum in Davos (Switzerland), last week, some US corporation presidents have questioned the north american governmental policy and also questioned whether its isolation is a good business.

British Petroleum president declared there that for every cent they invest in clean sources of energy such as wind, solar and biomass, it returns 10 times savings. BP, which made a net profit of $22.34 billion (€18.64 billion) in 2005, is planning an $8-billion investment over the next decade in clean technologies.

On the other side, Exxon president wondered if global warming is real or just a mistake.

2007-01-28 03:27:10 · answer #2 · answered by carmenl_87 3 · 0 1

For every effort in reducing the consumption of power in an industry, the industry gets 'carbon credits' . these can be traded against money and loans for further development of the industry. It is a way of encouraging voluntary attempts by Industry in reducing pollution.This is particularly targeted towards developing countries.

2007-01-29 21:08:55 · answer #3 · answered by avani 2 · 0 0

The problem is totally stupid. Do u want the United Nations telling u that u cant use your car to take your child to the hospital. The problem is not there .U burn some fuel and produce CO2 ,where is the problem. Plants have taken care of the recycling problem. The plants take in the CO2 and through photosynthesis holds on to the C and gives us back the O2. There is still another part of what happens to the C.

2007-01-28 06:21:52 · answer #4 · answered by JOHNNIE B 7 · 0 0

dont bother about it brother its a failed system to reduce carbon emission !

2007-01-28 03:24:04 · answer #5 · answered by irvin N 2 · 1 0

CARBON TRADING- DUMMY TRADING.

2007-01-28 03:21:21 · answer #6 · answered by AVANISH JI 5 · 1 0

It is a failed attempt to solve a fictitious problem.

2007-01-28 03:12:51 · answer #7 · answered by Dr.T 4 · 1 0

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