Abstract

Since the last part of the 20th century, there has been growing consensus in respect of the need to reduce greenhouse gas emissions, which are considered to be linked to the phenomena of climate change and global warming. This has led to the adoption of legal instruments, in particular, the Kyoto Protocol to the United Nations Framework Convention on Climate Change (1997), under which a number of countries committed to reduce their emissions. Against this backdrop, many countries faced a dilemma. While they committed to reducing emissions, at the same time, they faced ...