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Includes bibliographical references.

"The Kyoto Protocol capped the emissions of the main emitters, the industrialized countries, one by one. It also created an innovative financial mechanism, the Carbon Market and its Clean Development Mechanism (CDM), which allows developing nations to receive carbon credits when they reduce their emissions below their baselines. The carbon market, an economic system that created a price for carbon for the first time, is now used in four continents, is promoted by the World Bank, and is recommended even by leading oil and gas companies. However, one critical problem for the future of the Kyoto Protocol is the continuing impasse between the rich and the poor nations. Who should reduce emissions - the rich or the poor countries?"--Publisher's website.

Introduction : climate change and our future -- Global crisis and the mandate of COP -- Insuring the future -- The Kyoto protocol and its carbon market -- The Road to Paris: An insider's timeline -- An uncertain future -- Implementing the carbon market and its CDM -- The Paris agreement : failure as an opportunity -- Avoiding extinction -- Four obscure articles in the Paris agreement hold the key to resolve climate change -- Reversing climate change -- The future act of 2018 : new U.S. Law provides unlimited tax credits to remove CO₂ from air..