First Greenhouse Emissions Deal Inked (Kyoto)

[Gloria]

From new World Media Watch up now at http://www.zianet.com/insightanalytical
Tomorrow at Buzzflash.com



5//Xinhua Online, China 2004-12-03 08:25:39

http://news.xinhuanet.com/english/2004-12/03/content_2289475.htm



FIRST GREENHOUSE EMISSIONS DEAL INKED



BEJING, Dec. 3 (Xinhuanet) -- China has signed its first agreement to sell greenhouse emission reductions to developed countries under a quota-trading mechanism of the Kyoto Protocol.



(SNIP)



Under the agreement, the Jincheng company will capture coal mine methane and utilize it for power generation, instead of releasing the gas into the air. Money for adapting the facilities will be provided by PCF.



Methane affects global warming 23 times more than carbon dioxide.



The reduced amount of emissions in the Jincheng coal mine will be counted towards emission reductions from PCF members.



The arrangement is typical under the Clean Development Mechanism (CDM) of the Kyoto Protocol. It allows countries of the Organization of Economic Co-operation and Development (OECD) to fulfill some of their greenhouse gas emission-reduction commitments through supporting projects in the developing world.


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[Stinky The Clown]

1. Wasn't it Reagan's "cow farts" theory ....... ?

This line caught my eye:

"Methane affects global warming 23 times more than carbon dioxide."

I think it was Ronnie Raygun who poo-pooed (no pun intended) the notion of CO2 being an issue by citing some study showing domesticated animal gas (cow farts) was more an issue than CO2.

Am I delusional or do I recall this?

<edit - spelling>

[Gloria]

2. More likely HE was delusional......

No I don't remember this particular thing...but it sounds something on the order of his discourse on trees....

[Stinky The Clown]

3. Actually, I found out this story is essentially true

or so I now believe. My wife was very much involved in anything and everything antiRaygun. She confirmed to me that she remembered it too. Now, the two of us, taken together, do not veracity make, but it was good enuff fer me!