The upcoming climate negotiations at The Hague may turn out to be the most crucial till now

the us is unlikely to achieve emission reduction targets as stipulated under the 1997 Kyoto Protocol due to large-scale economic growth. "Taking full advantage of the flexibility mechanisms is the

the Tokyo Electric Power Company ( tepco ) plans to plant eucalyptus and other trees on 1,000 hectares of land in Australia in an attempt to offset its greenhouse gas emissions. The

South Korea, the world's 11th largest emitter of carbon dioxide ( co 2 ), is coming under increasing pressure from other countries in the world, especially the us , to reduce its carbon

The UK could earn up to US $1 billion in the sale of surplus emissions

Even as the US accuses the EU of rewriting prior agreements, the later agrees on a common approach to limiting flexible mechanisms for controlling green house gas emissions

Australia is about to set up an emissions trading exchange