"Short seven" still need to act on Kyoto deficits
01 Oct 2010 15:03
POINT CARBON ANALYSIS –The updated Kyoto balance shows seven countries being short, the same as in June, with Spain, Italy and Japan displaying the greatest projected Kyoto unit deficits. The deficits of the seven countries total 332 Mt over the 2008-12 period. This is up from 283 Mt in June. The main reason for the increase is that Italy has reduced its governmental purchasing plan for CERs, ERUs and AAUs.
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