UN climate talks: what’s on the agenda in Madrid and what it means for Australia

The Guardian | Dec 7, 2019 at 7:00 PM
  • Australia accrued the credits after setting unambitious targets, including that it would increase national emissions by up to 8% between 1990 and 2012.
  • A potential scenario is that developing countries introduce an effective ban on using Kyoto carryover credits into the draft text that governments are negotiating over.
  • A major issue is what is known as Article 6, the part of the Paris rulebook that aims to revive a global carbon market that would help countries cut emissions by paying for measures that reduce pollution in developing countries.