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Asmodean
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Aarhus, Denmark
Aug 1999 time: 06:30
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Here is article 6 of the Kyoto agreement:
quote:
For the purpose of meeting its commitments under Article 3, any Party included in Annex I
may transfer to, or acquire from, any other such Party emission reduction units resulting
from projects aimed at reducing anthropogenic emissions by sources or enhancing
anthropogenic removals by sinks of greenhouse gases in any sector of the economy, provided
that:
(a) Any such project has the approval of the Parties involved;
(b) Any such project provides a reduction in emissions by sources, or an enhancement of
removals by sinks, that is additional to any that would otherwise occur;
(c) It does not acquire any emission reduction units if it is not in compliance with its
obligations under Articles 5 and 7;
(d) The acquisition of emission reduction units shall be supplemental to domestic actions
for the purposes of meeting commitments under Article 3.
2.The Conference of the Parties serving as the meeting of the Parties to this Protocol may,
at its first session or as soon as practicable thereafter, further elaborate guidelines for
the implementation of this Article, including for verification and reporting.
3. A Party included in Annex I may authorize legal entities to participate, under its
responsibility, in actions leading to the generation, transfer or acquisition under this
Article of emission reduction units.
4. If a question of implementation by a Party included in Annex I of the requirements
referred to in this paragraph is identified in accordance with the relevant provisions of
Article 8, transfers and acquisitions of emission reduction units may continue to be made
after the question has been identified, provided that any such units may not be used by a
Party to meet its commitments under Article 3 until any issue of compliance is resolved.
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Asmodean
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