A) industrial countries receive carbon credits by funding carbon saving projects in another relatively affluent nation
B) industrial countries reduce their carbon emission by using environment friendly technology in production
C) developed countries invest in carbon reduction in developing countries and receive carbon credit in return
D) developed nations purchase carbon credit from other nations
Correct Answer: B
Solution :
The Kyoto protocol is a protocol to the United Nations Framework convention on climate change aimed at fighting global warming. This protocol adopted on 11 December 1997 in Kyoto, Japan. Under the protocol 37 countries commit themselves to a reduction of four greenhouse gases and two groups of gases.
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