U.N. Completes Carbon Trading Link Under Kyoto


ENN, November 14, 2007

Japan on Wednesday became the first country to take delivery of carbon offsets which it can use to help it stay within its binding greenhouse gas emissions limits under the Kyoto Protocol, the U.N. climate body said.
Last year Japan was 150 million tonnes of greenhouse gas emissions, or some 13 percent, above its Kyoto limit of 1.2 billion tonnes. Japan was the first country to use the trading link, called the International Transaction Log (ITL), which the U.N. said became operational on Wednesday. Read more...

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