The selection of technology for the purposes of transfer may
have a serious impact on distribution issues: Allocation of
Emission entitlements The climate change issue can be explained
as the issue of how the rights to use and pollute resources will
be shared among countries and people. The allocation of emission
entitlements/targets is thus a crucial issue and will have an
impact on technology choices. The initial distribution of rights
both nationally and internationally may be a major bottleneck to
the technology transfer process. Theoretically, a 'fair'
allocation of emission allowances to all countries would allow
the 'underusers' of such allowances to sell their allowances to
'overusers' of such allowances. Such an instrument would thus
provide an incentive to 'overusers' to reduce their emission
levels and help to redistribute resources to 'underusers' who
generally would be the poorer countries. By allowing the market
to function, the cheapest way of reducing the necessary global
reductions in emissio