Edition-2
Start cutting emissions right away, scientists have been warning nearly two-and-one-decades. In addition, someone like Al Gore, former US Vice-President, drummed up awareness for the cause through his award winning film An Inconvenient Truth. World governments, in principle, agree with scientists. However, the worldwide framework to tackle climate change still eludes them.
The US, a big polluter, opted out of the first such effort, the Kyoto Protocol, set to expire in 2012. It was in this Protocol that the clean Development Mechanism made its debut. Under this, developed countries had either to cut down the emissions or buy carbon credits from greenhouse gas-reducing projects in developing countries. Corporate in China and India generated the majority of credits. Under Kyoto, developing countries did not need to make emission cuts, & THIS THE BONE OF CONTENTION NOW. This is sensitive because emission reduction is seen as economically suicide.
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