Why did Russia ratify the Kyoto Protocol?
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ØMarrakech 2002, Russian bargains hard for 30% drop below
"    1990 baseline levels for calculating Òcarbon creditsÓ, due to
"    steep economic decline
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ØEmissions trading, ~$10 Billion over next 10 years
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ØAAUs - Assigned Amount units
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ØJI - Joint Implementation
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ØCDM - Clean Development Mechanism
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ØRenewal energy projects, geothermal, winds, biomass
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ØDecision probably more political process than scientific or policy debate
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ØEU support for WTO membership
The Kyoto Protocol is an amendment to the United Nations Framework Convention on Climate Change.
Kyoto Protocol Opened for signature December 11, 1997 at Kyoto, Japan
Entered into force February 16, 2005.