ØMarrakech 2002, Russian bargains hard for 30% drop below
" 1990 baseline levels for
calculating Òcarbon creditsÓ, due to
" steep economic decline
ØEmissions trading, ~$10 Billion over next 10 years
ØAAUs - Assigned Amount units
ØJI - Joint Implementation
ØCDM - Clean Development Mechanism
ØRenewal energy projects, geothermal, winds, biomass
ØDecision probably more political process than scientific
or policy debate
ØEU support for WTO membership