A global scheme meant to keep atmospheric greenhouse gas (GHG) levels in check instead caused some 600 million tons of excess emissions, researchers said Monday.They blamed a loophole in the Kyoto Protocol’s Joint Implementation (JI) mechanism which allowed countries to earn and sell credits for emissions cuts which were “not real”.Russia and Ukraine were the main offenders, reported authors Lambert Schneider and Anja Kollmuss from the Stockholm Environment Institute (SEI).These findings should serve as a warning to the 195 nations gathering in Paris later this year to forge a global climate treaty, they said.”Overall, the use of JI may have …read more
Source: The Jakarta Post