ECO understands that several Parties are trying to get the high score for the new video game CAPMAN–our cute climate superhero fighting against Hot Air villains. Today’s winners are five EU countries (Denmark, Germany, the Netherlands, Sweden and the United Kingdom) that decided to remove hot air by cancelling 634.9 million surplus units (AAUs) from the Kyoto Protocol’s first commitment period. They also promised to cancel significant additional amounts from the period up to 2020. These units result from the countries overachieving their Kyoto targets. Cancelling them is a welcome contribution to pre-2020 ambition. The Kyoto Protocol is suffering from … Continue reading Game Over For Hot Air?
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