Trouble for Greece and Canada

Greece suspended from U.N. Kyoto carbon trading | Environment | Reuters

OSLO/LONDON (Reuters) - Greece has been suspended from U.N. carbon trading in an unprecedented punishment for violating greenhouse gas reporting rules that underpin a fight against global warming, officials said on Tuesday.

A group of legal experts enforcing compliance with the U.N.'s Kyoto Protocol also said it was opening proceedings against Canada for alleged violations of rules on accounting for heat-trapping gases.

"Greece is declared to be in non-compliance," the enforcement branch said in a statement distributed by the Bonn-based U.N. Climate Change Secretariat, the first such ruling since Kyoto entered into force in 2005.
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Canada's emissions were 25.3 percent above 1990 levels in 2005, far above a Kyoto target of a 6 percent cut by 2008-12. Canada has said its target is unachievable, as it develops oil sands which involve high carbon emissions.