It's not much of a surprise. Kyoto was designed (intentionally or not) as a subsidy that would allow business as usual while just writing a check to Eastern Europe. The baseline CO2 levels were set at 1990 levels, which was right before the collapse of the USSR and the resultant massive decrease in their CO2 output levels. (Likewise, our CO2 production has decreased since 2007 since our economy has tanked.)
The various carbon markets and carbon trading schemes have likewise been plagued with fraud. It comes
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