...therefore believe we need developing country participation because the problem is global and costeffective solutions are essential, than to avoid adverse effects...and hot summers that would increase energy use and Third, there is allowance for "banking" emission reductions within the 2008-20 1 2 commitment period,...

...costeffective solutions are essential, than to avoid adverse effects on competitiveness. 49-006 98-6 Flexibility and Market Mechanisms A global solution...and hot summers that would increase energy use and • Third, there is allowance for "banking" emission reductions within the 2008-20 1 2 commitment period,...

...allow the United States, other nations and our industries greater flexibility in meeting our targets. Averaging over five years, instead of requiring countries...summers that would increase energy use and emissions. • The US specific time frame of 2008-2012, rather than earlier periods preferred by the European...

...therefore believe we need developing country participation because the problem is global and costeffective solutions are essential, than to avoid adverse effects...periods have not yet been specified]. • Fourth, ( 'DM credits achieved between 2000 and 2008 may be banked until 2008 to 2012. 2. "What flexibility*'...

...goals. • Second, under the Kyoto Protocol, the emissions target is not specified in terms of • specific year, but rather in terms of an average over...allowance for "banking" emission reductions within the 2008-20 1 2 commitment period, for use in a subsequent commitment period [although the emission targets...

...States, other nations and our industries greater flexibility in meeting our targets. Averaging over 5 years, instead of requiring countries to meet a specific...summers that would increase energy use and emissions. • The US specific timeframe of 2008-2012, rather than earlier periods preferred by the European Union...

...environmental goals. • Third, there is allowance for "banking" emission reductions within the 2008-2012 of a specific year, but rather in terms of an average...summers that would increase energy use and emissions. commitment period, for use in a subsequent commitment period [although the emission targets of the...

...allow the United States, other nations, and our industries greater flexibility in meeting our targets. Averaging over five years, instead of requiring countries...summers that would increase energy use and emissions. The US specific time frame of 2008-2012, rather than earlier periods preferred by the European Union...