Why does Russia make out with emissions trading?
Posted on July 31st, 2009 by admin
I read that Russia can stand to make out financially with the emissions trading component of the Kyoto treaty. Why?
The levels of emissions that Russia agreed not to exceed, are based on figures of emissions they were producing when they were economically larger then they are now. Now that they are already producing far less emissions then they were, they get to "sell" emission "credits" to other countries.