Quotas for carbon emissions under threat Bashny.Net

 

    




The report titled "State & Trends of Carbon Pricing 2014" shows that overall efforts aimed at establishing normative values of greenhouse gas emissions and curb global warming, are meaningless because the actions of a number of countries. Many States have attempted to avoid obligations to reduce carbon emissions.

The percentage of greenhouse gas emissions could fall from the current 18% to 12%, if the number of countries, including Ukraine and Kazakhstan, do not ratify a new extension to the Kyoto climate Treaty of 1997. Russia, Japan and New Zealand have already refused the second commitment period under the Pact to reduce emissions.

While some countries have taken specific actions to market pricing of carbon emissions, recent events in other countries are a step backwards, according to the report. Forty countries and over 20 sub-national actors set a price on carbon. In 2013, we opened eight new markets, including California and Quebec, as well as to implement the program on trade in quotas on emissions in China.

According to data for 2013, the total cost of the programs, emissions trading has made to the world Bank of $30 billion And the global market of emissions quotas (including special loans of the UN under the Kyoto Protocol) decreased by 36% to $56 billion.

 

Source: greenevolution.ru