Emissions trading market in pollution-licenses is more widely applicable than the market in emission-licenses. The international community began the long process towards building effective international and domestic measures to tackle GHG emissions (carbon dioxide, methane, nitrous oxide, hydroflurocarbons, perfluorocarbons, sulphur hexafluoride) in response to the increasing assertions that global warming is happening due to man-made emissions and the uncertainty over its likely consequences. That process began in Rio in 1992, when 160 countries agreed the UN Framework Convention on Climate Change (UNFCCC). The UNFCCC is, as its title suggests, simply a framework; the necessary detail was left to be settled by the
Industrial gas nitrogen (1772), nitrous oxide (1772) , oxygen (1773) , ammonia (1774), chlorine (1774), methane (1776), hydrogen sulfide (1777), carbon monoxide (1800), hydrogen chloride (1810), acetylene (1836), helium (1868) fluorine (1886), argon (1894), krypton, neon and xenon (1898) Carbon dioxide, hydrogen, nitrous oxide, oxygen, ammonia, chlorine, sulfur dioxide and manufactured fuel gas were already being used during the 19th century, and mainly had uses in food, refrigeration, medicine, and for fuel and gas lighting. For example, carbonated water was being made from 1772 and commercially from 1783, chlorine was first used to bleach textiles in 1785 and nitrous oxide was first