It focuses on the biggest human source of greenhouse gases - emissions of carbon dioxide, or CO2, from power plants.
The rules for the oil sands, now the fastest growing source of greenhouse gases, have yet to be finalised and will not come into force until 2010.
Higher prices are needed to induce consumers and businesses to use less energy (the source of most greenhouse gases) and switch to fuels (from coal to natural gas) that have lower emissions.
They are home to the strangest ecosystems known, in which organisms get by without sunlight, using as an alternative source of energy the sulphurous gases spewed from deep inside the earth.
The transport sector is a principal source of global emissions of greenhouse gases.
Viewed that way, the agreement to fund reforestation projects is an important development because it addresses the source of 20% of global warming gases while connecting developing and industrial economies, he said.
This news confounds the narrative about coal that has started to take hold in the U.S. The story goes that coal, nudged toward extinction by a glut of cheap, domestic natural gas and stiffening regulations, will begin to disappear as a fuel source and cause emissions of global-warming gases to decline.
FORBES: As Coal Use Drops In U.S., China and India Burn Even More
It is the source of almost 4% of the world's greenhouse gases, mostly in the form of methane from rotting food and that does not include all the methane generated by animal slurry and other farm waste.
To see if insects really might be a more sustainable food source than livestock, Oonincx and his colleagues analyzed what global warming gases insects might generate as a result of respiration, the production of their feed, distribution networks to stores where they would get sold and emissions from the heating of climate-controlled rearing facilities.
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