{"id":1043,"date":"2009-11-14T18:37:26","date_gmt":"2009-11-14T22:37:26","guid":{"rendered":"http:\/\/blogs.dickinson.edu\/copenhagen\/?p=1043"},"modified":"2009-11-16T21:38:08","modified_gmt":"2009-11-17T01:38:08","slug":"flexbility-mechanisms-theory-and-reality","status":"publish","type":"post","link":"https:\/\/blogs.dickinson.edu\/copenhagen\/2009\/11\/flexbility-mechanisms-theory-and-reality\/","title":{"rendered":"Flexbility Mechanisms; Theory and Reality"},"content":{"rendered":"<p><a href=\"http:\/\/dimpost.wordpress.com\/2009\/09\/01\/emissions-trading-review\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1045\" src=\"https:\/\/blogs.dickinson.edu\/copenhagen\/files\/2009\/11\/ets1.jpg\" alt=\"ets\" width=\"430\" height=\"301\" srcset=\"https:\/\/blogs.dickinson.edu\/copenhagen\/files\/2009\/11\/ets1.jpg 430w, https:\/\/blogs.dickinson.edu\/copenhagen\/files\/2009\/11\/ets1-300x210.jpg 300w\" sizes=\"auto, (max-width: 430px) 100vw, 430px\" \/><\/a>The flexibility mechanisms of the Kyoto Protocol to the UNFCCC were created to offer a cost efficient way of reducing carbon emissions. The two main flexibility mechanisms are <a title=\"Emissions trading in the U.S.\" href=\"http:\/\/www.nytimes.com\/cwire\/2009\/10\/26\/26climatewire-the-plots-thicken-in-senate-climate-delibera-82154.html?scp=6&amp;sq=emissions%20trading&amp;st=cse\" target=\"_blank\">emissions trading <\/a>and the <a href=\"http:\/\/en.wikipedia.org\/wiki\/Clean_Development_Mechanism\" target=\"_blank\">Clean Development Mechanism<\/a>. In theory, these mechanisms could reduce global carbon emissions while simultaneously spreading awareness about climate change and helping to end poverty in the developing world. In reality, these mechanisms have not been successful in reducing overall emissions or contributing to sustainable development\u00a0due to a few main failures in the system:\u00a0 the lack of reinforcement; the vagueness of the rule that <em>offsets must be in &#8216;addition&#8217; to those cut domestically<\/em>; and the transactions costs of trading&#8230;<\/p>\n<p><a href=\"http:\/\/docs.google.com\/Doc?docid=0AWX6pLBKlqTLZGc2ODZzM2pfMjc4ZDlodjY5ZjU&amp;hl=en\" target=\"_blank\">Click here to read on<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The flexibility mechanisms of the Kyoto Protocol to the UNFCCC were created to offer a cost efficient way of reducing carbon emissions. The two main flexibility mechanisms are emissions trading and the Clean Development Mechanism. In theory, these mechanisms could reduce global carbon emissions while simultaneously spreading awareness about climate change and helping to end [&hellip;]<\/p>\n","protected":false},"author":122,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1811],"tags":[],"class_list":["post-1043","post","type-post","status-publish","format-standard","hentry","category-kyoto-to-copenhagen-course"],"_links":{"self":[{"href":"https:\/\/blogs.dickinson.edu\/copenhagen\/wp-json\/wp\/v2\/posts\/1043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.dickinson.edu\/copenhagen\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.dickinson.edu\/copenhagen\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/copenhagen\/wp-json\/wp\/v2\/users\/122"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/copenhagen\/wp-json\/wp\/v2\/comments?post=1043"}],"version-history":[{"count":0,"href":"https:\/\/blogs.dickinson.edu\/copenhagen\/wp-json\/wp\/v2\/posts\/1043\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.dickinson.edu\/copenhagen\/wp-json\/wp\/v2\/media?parent=1043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/copenhagen\/wp-json\/wp\/v2\/categories?post=1043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/copenhagen\/wp-json\/wp\/v2\/tags?post=1043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}