Country's such as Norway have never given up on their Kyoto commitment. Norwegian scientists have also witnessed to us the reality of melting methane condensate beds with warming seas and currents. The melting methane hydrates are all part of the "Negative Feedback" loop, which complicates all these efforts. It is why we have to proceed with vigor to accomplish these goals.
February 12, 2016
By Ben Garside
Norway still needs to buy around 20 million CERs (click here) to put it on track to meeting its 2020 Kyoto Protocol emissions target after contracting a little over 10 million over the past year via an open tender.
The country is one of the few remaining buyers of the UN-backed carbon credits and is negotiating deals with developers on a case-by-case basis to ensure it will have enough.
“We are looking at contracting around 80 million CERs for calculation purposes,” said Sigurd Klakeg, an official in Norway’s environment ministry who oversees the programme.
He said this would ensure the country gets the expected 60 million CERs it needs to hit its target under Kyoto’s second commitment period (2013-2020)....