Kyoto Protocol Project Mechanisms: Eurelectric Paper Calls for Unlimited use of JI-CDM Credits in Emissions Trading Scheme
Article from: OGEL 1 (2004), in Electricity Law and Regulation
Introduction
The Union of the Electricity Industry - EURELECTRIC - welcomes the proposal by the European Commission to address climate change globally through a new Directive providing for inclusion in the EU Emissions Trading Scheme (ETS) of credits from the project mechanisms - Joint Implementation (JI) and Clean Development Mechanism (CDM) - enshrined in the Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCCC). A new position paper from EURELECTRIC, the association representing the electricity industry at pan-European level, expresses the belief that JI and CDM ...