What have been the Russian Negotiating Positions on the Kyoto mechanisms?
¥Oppose
–Quantitative restrictions on
Kyoto mechanisms
–Taxes on the implementation of Kyoto mechanisms
–Special status of CDM as it discriminates against emissions trading and JI
–Treating RussiaÕs emission surplus as Òhot airÓ
–ÒSupplementarity owing to negative effects on development of market
¥Support
–Early start of JI & emissions trading
–Flexible approach to compliance
–Forests as carbon sinks
–International support for capacity-building in EITs
–Regulatory role for state & government involvement
–Reinvestment of emission trading revenues into climate change mitigation projects
–Banking of carbon credits and forward contracts