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
Electrochemical reduction of carbon dioxide Electrochemical reduction of carbon dioxide The electrochemical reduction of carbon dioxide (ERC) is the conversion of carbon dioxide to more reduced chemical species using electrical energy. The first examples of electrochemical reduction of carbon dioxide are from the 19th century, when carbon dioxide was reduced to carbon monoxide using a zinc cathode. Research in this field intensified in the 1980s following the oil embargoes of the 1970s. Electrochemical reduction of carbon dioxide represents a possible means of producing chemicals or fuels, converting carbon dioxide () to organic feedstocks such as formic acid (HCOOH), methanol (CHOH), ethylene (CH), methane (CH), and