Comments on: Japan: We can meet Kyoto goals http://climateprogress.org/2008/02/11/japan-we-can-meet-kyoto-goals/ The Latest on Climate Science, Solutions, and Politics Tue, 02 Dec 2008 12:41:52 +0000 http://wordpress.org/?v=2.1 By: David http://climateprogress.org/2008/02/11/japan-we-can-meet-kyoto-goals/#comment-8594 David Tue, 12 Feb 2008 13:32:54 +0000 http://climateprogress.org/2008/02/11/japan-we-can-meet-kyoto-goals/#comment-8594 Well, at least they're giving the impression that they're meeting their Kyoto targets. http://blogs.wsj.com/environmentalcapital/2008/02/11/cheap-carbon-credits-to-japan-from-russia-with-love "Japanese and Russian officials agreed over the weekend to launch talks about Japan buying surplus greenhouse-gas emission permits from Russia." "The economies of Eastern European countries imploded after 1990 – and thus their emissions did too. As a result, Kyoto gives those Eastern European countries massive numbers of paper emission permits that they can sell to the highest bidder. The credits are known in the trade as “hot air.” No country has more of them than Russia." Well, at least they’re giving the impression that they’re meeting their Kyoto targets.

http://blogs.wsj.com/ environmentalcapital/ 2008/ 02/ 11/ cheap-carbon-credits-to-japan-from-russia-with-love

“Japanese and Russian officials agreed over the weekend to launch talks about Japan buying surplus greenhouse-gas emission permits from Russia.”

“The economies of Eastern European countries imploded after 1990 – and thus their emissions did too. As a result, Kyoto gives those Eastern European countries massive numbers of paper emission permits that they can sell to the highest bidder. The credits are known in the trade as “hot air.” No country has more of them than Russia.”

]]>