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
Nitrous oxide engine Nitrous oxide engine A nitrous oxide engine is an engine which requires oxygen for burning the fuel in order to create power (mainly stems from the decomposition of nitrous oxide (NO) rather than air). The system increases the internal combustion engine's power output by allowing fuel to be burned at a higher-than-normal rate, because of the higher partial pressure of oxygen injected with the fuel mixture. Nitrous injection systems may be "dry", where the nitrous oxide is injected separately from fuel, or "wet" in which additional fuel is carried into the engine along with the nitrous. Nitrous oxide systems may