A shonky was done for Kyoto1, that Australia increase emissions by 8% when other countries decreased. Not all of quota was used, now known as carry over credits. Other countries reduced less than target but choose to not claim credits.
“Australia has brokered a deal to ensure it does keep its surplus carbon credits.
Australia has agreed to strongly support a push to include a 1.5-degree global warming goal in a Paris agreement in exchange for more favourable carbon emissions rules.
St Lucia Environment Minister James Fletcher revealed the deal, which also involves South Africa.”
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