Kyoto protocol Flashcards
when did the Kyoto protocol begin
11th of December 1997
where was the protocol founded
Kyoto, japan
when was the protocol reinforced
16th of February 2005
define the term annex 1 nations
developed nations (global economic contributors)
define the term non-annex 1 nations
developing nations (countries in poor conditions)
what is the protocols main aim
to reduce global pollutant emissions by 80% in comparison to 1990’s total global emissions.
which convention is the Kyoto protocol linked to
united nations framework convention for climate change. (UNFCCC)
what are the advantages of carbon trading
environmental, control, financial incentive and flexibility.
what are the disadvantages of carbon trading
economy, complexity, measuring and size of credits.
explain carbon trading: environmental
it benefits the environment be providing benefits to the reduction of greenhouse gases.
explain carbon trading: control
independent control for the changes to how emissions will be reduced
explain carbon trading: financial incentive
if the nation meets below the limit of the yearly emissions production, credits are awarded that can be sold for money
explain carbon trading: flexibility
businesses are able to work within their own time and budget to meet the suitable deadlines.
explain carbon trading: economy
many business will not wish to purchase credits as it would reduce the over-all profit margins
explain carbon trading: complexity
it is very difficult for poorer nations to purchase and maintain these standards with their limited funds and machinery, meaning it is quite difficult for them to act within the protocol
