Australia isolated as developed nations cancel carryover credits from Kyoto
by Lenore Taylor in Paris from on (#WQFG)
Five nations announce they will not use emission reduction credits they are entitled to, and on which Australia relies to meet its 2020 targets
Five big developed countries have voluntarily cancelled emission reduction "credits" achieved by overshooting their first Kyoto Protocol greenhouse targets - the same kind of credits Australia is banking to boast it has already "met and beaten" its international pledges.
Related: Australia acting as a 'broker' between blocs at Paris climate talks - Greg Hunt
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