Australian Law Allows UN CO2 Use Through 2020: Negotiator

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Australia can accept United Nations emission offsets in its planned carbon market through 2020 and potentially beyond because it’s already signed up to the 1997 Kyoto Protocol, said one of the nation’s climate negotiators.

“We’re a party to the Kyoto Protocol, no matter what happens with the second commitment period,” said Robert Owen-Jones, assistant secretary of multilateral negotiations at the Australian government’s climate change department in Canberra. The potential extension of Kyoto targets beyond 2012 and rules governing the creation of offset credits were separate articles of the agreement, he said today in an interview at Carbon Expo in Cologne, Germany.