The document discusses the European Union carbon credit trading system established under the Kyoto Protocol. It explains that countries can earn carbon credits by reducing emissions, which can then be traded or used towards meeting Kyoto targets. Countries have an incentive to reduce deforestation since it removes CO2 from the atmosphere and generates carbon credits that have monetary value. The system aims to create a better world by providing incentives to limit pollution through a carbon credit market.

1. Rolando Lopez

2. Signed Into Force

3. Limiting carbon emissions
European Union Market Carbon Credit Trading

4. Encouraging Help
One country One country Gains credit
Reduces its Emissions towards Its Kyoto target

5. More money more permits. Less money less permits

6. •Less deforestation Less CO2
•Less CO2 More Carbon Credits
Carbon Credits =
Incentives for less
Deforestation

7. Kyoto Carbon
Credit Plan
Better
World
Pollution

8. Works Cited
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