The Kyoto Protocol has created a new market for a variety of products and services including trading of emission. India is a major player in the global CDM market. The proponents of KP have claimed that Kyoto Protocol ‘was never intended to address global emissions, as it focuses on achieving...

The so-called 'Linking'-Directive adopted in 2004 does not impose any limit on the import of JI and CDM credits under the European Union Emissions Trading Scheme (EU ETS), but requires from the Member States to set, in accordance with their 'supplementarity' obligations under the Marrakesh...