Russia Says Has No Plans To Cap Carbon Emissions
Russia will not accept binding caps on its greenhouse gas emissions under a new climate regime, currently being negotiated to succeed the Kyoto Protocol after 2012, top officials said on Monday. Kyoto puts a cap on the average, annual greenhouse gas emissions from 2008-12 for some 37 industrialised countries, including Russia. But former communist countries are well within their emissions targets, which are compared to 1990 levels, because their industries and carbon emissions subsequently collapsed after they struggled to adapt to free markets.