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Greenhouse Gas : Trading of Quotas

Hi, This is Azumi. I had so many questions about that article because it was too difficult for me to understand about the topic well. Please help me…

Questions : 

1. What profits does each have about EU promote carbon tax and U.S promote TPQs to reduce greenhous gas?  

2. Why are developing countries exempt from the emission standards and cannot take part in pollution trading?

3. Will TPQs really have good effect to reduce the emission of greenhouse gas by using the right of greenhous gas quotas globally in the future?

4. Does not it mean to tax for polluters because rich companies or countries still pollute after paying the tax?

5. Though U.S. might not have joined Kyot protocol as lfar as I know, why have U.S led TPQs scheme?

6.  Is not really effective to reduce the emissions that Europe has produced new technology to clean the emissions?

Vocabularies :

Exceed-to be more than a particular number, amount, to go beyond the limits of   something

concede-to admit that something is true or correct, although you wish that it were not true

Avert-to prevent something bad from happening

Contradictory-two statements, beliefs

Overestimate-to think that something is larger, more important, more expensive

Distribution-the act of giving things to each person in a group or of supplying goods to stores, companies

Validate-to prove that something is true or correct, or to make a document or agreement officially and legally acceptable

Exacerbate-to make a bad situation worse