Question
Question: The Kyoto Protocol specifies regulations on the emission of greenhous gases. It defines a term known...
The Kyoto Protocol specifies regulations on the emission of greenhous gases. It defines a term known as “Carbon-Credits”. The following statements pertain to Carbon-Credits.
(i) The mandatory limit of Carbon-Credit for each country is directly proportional to its size and population.
(ii) One Carbon-Credit defines the emission of one ton of carbon dioxide or equivalent gases responsible for green-house effect.
(iii) Carbon-credits are exchangeable among
countries/industries.
(iv) An industry emitting higher than prescribed limit can do so by purchasing Carbon-Credits.
Which of the above statements are true?
A
(i) and (ii) only.
B
(ii) and (iv) only
C
(ii), (iii), and (iv) only
D
(i), (ii), and (iv) only
Answer
(ii), (iii), and (iv) only