89.. Consider the following statements:
i) The Second Commitment Period of the Kyoto Protocol is 2013- 2020.
ii) Both developed and developing countries have mandatory mitigation obligations or targets under the Kyoto Protocol.
iii) The Clean Development Mechanism (CDM) under the Kyoto Protocol enables developed countries to invest in “Clean” projects in developing countries.
Which of the above statements is/are correct?
89.. Consider the following statements:
i) The Second Commitment Period of the Kyoto Protocol is 2013- 2020.
ii) Both developed and developing countries have mandatory mitigation obligations or targets under the Kyoto Protocol.
iii) The Clean Development Mechanism (CDM) under the Kyoto Protocol enables developed countries to invest in “Clean” projects in developing countries.
Which of the above statements is/are correct?
The correct option is C c) i and iii only
89 Ans C
Explanation: The Second Commitment Period of the Kyoto Protocol is 2013- 2020. Developing countries like India have no mandatory mitigation obligations or targets under the Kyoto Protocol.
The Clean Development Mechanism (CDM) under the Kyoto Protocol enables developed countries to invest in “Clean” projects in developing countries to gain emissions credits (Certified Emission Reduction-CER). Indian Industry has benefited from trading in CERs in the international market. Of late, due to lack of demand internationally, prices of CERs have been very low leading to low activities under this mechanism
c) i and iii only
89 Ans C
Explanation: The Second Commitment Period of the Kyoto Protocol is 2013- 2020. Developing countries like India have no mandatory mitigation obligations or targets under the Kyoto Protocol.
The Clean Development Mechanism (CDM) under the Kyoto Protocol enables developed countries to invest in “Clean” projects in developing countries to gain emissions credits (Certified Emission Reduction-CER). Indian Industry has benefited from trading in CERs in the international market. Of late, due to lack of demand internationally, prices of CERs have been very low leading to low activities under this mechanism
