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Financial Times: On the UN's website for the Framework Convention on Climate Change, there is an interactive map showing the location of all the emissions reduction projects under its clean development mechanism. China and India are speckled with dots – projects in the two countries account for 65 per cent of the reduction in greenhouse gas emissions achieved by the Kyoto Protocol, and therefore 65 per cent of all the carbon credits generated every year. So it seems natural that the market for trading ... Read »