KYOTO PROTOCOL
An international treaty among industrialized countries that committed to reduce its carbon dioxide emissions and presence of greenhouse gases. Countries came up with this agreement on the occasion of the United Nations Conference on Climate Change in Kyoto, Japan in 1997. They are commissioned with a maximum level of carbon emission and may take part in carbon credit trading. Nations who violate the agreement will be subject to a penalty by lowering its emission limit in the following period.
The protocol divides the countries into two groups: Annex I (developed nations) and Non-Annex II (developing countries). The emission limit is only placed to nations under Annex I. But Non-Annex I group members can participate by putting investment in projects that lower emission level in their nations.
POPULAR TERMS
Property Tax
Onerous Contract
Overhead
Substitute
Materials Requirement Planning - MRP
POPULAR ARTICLE
SEE FOREX TUTORIAL
Health Savings Account: Introduction
Renovate or Move?
Buying a Home: Everybody’s Goal
Principles of Trading: Well Known Trading Instruments
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
| 07:00 | Economy Watchers Survey | Oct | |
| 10:30 | New Yuan Loans | Oct | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | M2 Money Supply + CD | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 08:00 | Prelim Machine Tool Orders | Oct | |
| 09:00 | CPI | Oct | |
| 09:00 | Harmonized CPI | Oct |
