Non-paper?

This is bad:

The CDM “provides member states with a cost-effective means to meet their obligations and is an important flexibility mechanism,” says a UK ‘non-paper’ leaked to the press on 17 September.

Downing Street suggests expanding the scheme to allow EU countries to offset up to 50% of their CO2 emissions reduction obligations - 20% more the current approximate limit of 30% - on the grounds that this would not undermine climate change efforts at EU or global level.

(for Phase 3)