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The Kyoto Protocol specifies regulations...

The Kyoto Protocol specifies regulations on the emission of greenhouse gases. It defines a term Known as ''Carbon-Credits''. The following statements pertain to Carbon- Credits.
I. The mandatory limit of Carbon- Credit for each country is directly proportional to its size and pollution.
II. One Carbon-Credit defines the emission of one ton of carbon dioxide or equivalent gases responsible for green house effect.
III. Carbon-Credits are exchangeable among countries/industries.
IV. An industry emitting higher than prescribed limit can do so by purchasing Carbon-Credits.

A

(i) and (ii) only

B

(ii) and (iv) only

C

(ii) , (iii) and (iv) only

D

(i),(ii) and (iv) only .

Text Solution

Verified by Experts

The correct Answer is:
C
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