Discussion
Which of the following is not a flexible mechanism under the Kyoto Protocol ?
Answer: B
The option that is not a Kyoto flexible mechanism is carbon trading.
The Kyoto Protocol set up three flexible (market-based) mechanisms by name: Joint Implementation (Article 6), the Clean Development Mechanism (Article 12) and International Emissions Trading (Article 17). They let developed countries meet their targets partly through reductions made elsewhere.
'Carbon trading' is a general, popular term for buying and selling emission allowances or credits in any scheme, voluntary or regulatory. It is not the name of one of the three Kyoto mechanisms, which is why the key singles it out while 'Emissions trading', the treaty's own term, is one of them.
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