Kyoto scheme sees billionth tonne of saved CO2

The Clean Development Mechanism (CDM), a Kyoto Protocol device to curb greenhouse gases through market forces, has now issued a billion tonnes of carbon credits, the UN climate forum announced on Friday.

New Zealand won't sign 'Kyoto 2' climate treaty

(AP)—New Zealand's government said Friday that it would not sign on for a second stage of the Kyoto Protocol climate treaty, a stance that angered environmentalists and political opponents.

UN emission market needs urgent reform

The United Nations (UN) global carbon market requires substantial reform because it too often fails to support the projects and people it is meant to help, according to new research from the Economic and Social Research Council ...

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