Risks of Natural Gas Players in formulating Clean Development Mechanisms
Article from: OGEL 4 (2003), in National and International Issues in Natural Gas Development
Summary
Flexible mechanisms, including International Emissions Trading (IET), Joint Implementation (JI), and Clean Development Mechanism (CDM), are options for leading parties listed in Annex B of the Kyoto Protocol to minimise abatement costs in greenhouse gas reductions complying with the Kyoto Protocol. The CDM is a mechanism for project-based emission reduction activities in developing countries. Certificates will be generated through the CDM from projects that lead to certifiable emissions reductions that would otherwise not occur. Providing the opportunity of extra emissions credits ...