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Known technological options
Refer to technologies that exist in operation or pilot plant stage today. It does not include any new technologies that will require drastic technological breakthroughs.
Economic mechanisms based on market principles that Parties to the Kyoto Protocol can use in an attempt to lessen the potential economic impacts of greenhouse gas emission-reduction requirements. They include Joint Implementation (Article 6), the Clean Development Mechanism (Article 12), and Emissions Trading (Article 17).
The Kyoto Protocol to the United Nations Framework Convention on Climate Change was adopted at the Third Session of the Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change in 1997 in Kyoto, Japan. It contains legally binding commitments, in addition to those included in the UNFCCC. Countries included in Annex B of the Protocol (most OECD countries and countries with Economies in transition) agreed to reduce their anthropogenic greenhouse gas emissions (carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulphur hexafluoride) by at least 5% below 1990 levels in the commitment period 2008 to 2012. The Kyoto Protocol has not yet entered into force (November 2000).
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