Monday, November 20, 2006

Media: Nairobi outcomes - Belarus

Media: Belarus allowed to trade ‘hot air’

Kyoto parties agreed to allow Belarus to adopt a binding limit on its emissions of greenhouse gases from 2008-12. But Belarus is well within its new target to cut emissions, meaning it can sell surplus rights using the carbon trading mechanism. The decision was conditional that Belarus would have to reinvest revenues from its emission trading into making emissions cuts.

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