Sunday, February 10, 2008

Japan aims for emissions trade with Russia - media

I'm fucking sorry, but I have never understood this concept. Perhaps I'm just too goddamn dense, but greenhouse gas emissions are greenhouse gas emissions regardless of who takes/gives credits.

This isn't a fucking game. Greenhouse gas emissions have to be reduced in the aggregate. Trading just ain't gonna cut it.
Japan and Russia have agreed to start talks on fighting global warming, including possible greenhouse gas emissions trading that would help Tokyo to meet its goals under the Kyoto Protocol, media said on Sunday.

Japan is the world's fifth-biggest emitter of greenhouse gases blamed for global warming, and while officials have pledged to meet its obligations under the international pact to fight global warming, critics say this may be difficult.

Japanese Foreign Minister Masahiko Komura and Russian First Deputy Premier Sergei Ivanov agreed in a meeting on the sidelines of a Munich conference that the first round of vice-ministerial talks on the issue would be held on Feb. 27 in Tokyo, Japanese officials were quoted by Kyodo news agency as saying.

Separately, the Yomiuri Shimbun daily said the talks aimed at reaching a deal under which Japan would buy surplus emissions quotas from Russia, a key step towards helping Tokyo meet its Kyoto goals.

Am I missing something here? Just asking.

Via Reuters.



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