Ethical issues with carbon dating Free pivet sex chat
The global community led by the Intergovernmental Panel on Climate Change agreed upon the Kyoto Protocol in 1997 (ratified in 2005) where Annex I countries (38 industrialised/developed countries) agreed to reduce their GHG emissions by 2008-2012 to an average of about 5% below their 1990 levels.
The price for CERs is kept quite low (less than per CER).
The impact of one tonne of carbon dioxide emissions is the same irrespective of whether the emission occurs in New York, Beijing, Mumbai or Latur.
This implies that in order to reduce the total annual global carbon dioxide emissions to a fixed target, it is necessary to decide a basis for national or regional emissions.
The Kyoto protocol permits meeting the national targets partially by trading emission allowances and carbon project credits through the emission trading system, joint implementation, and the clean development mechanism (CDM).
This has resulted in the emergence of a carbon trading market.
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The logic is that there are projects available in developing countries to mitigate carbon dioxide emissions — e.g., afforestation, energy efficiency and renewables — that can supply cheaper emission reduction credits.