With all the puffery at these talks, you’d think a little more hot air might not be noticed. The problem is, it’s not just a little bit of hot air, the result is sweltering. The lack of integrity of the market mechanisms under the Kyoto Protocol, combined with weak targets, have created an 11 gigatonne CO2e hot air loophole. That’s right, 11 big ones — clearing up that loophole would go a long way to closing the gigatonne gap. One important way would be to agree the KP hot air credits must be ineligible for compliance in the Paris agreement. … Continue reading Hot Air