The Conservatives managed the near-impossible by reversing themselves on earlier pronouncements against participating in Kyoto, and still not figuring out a way to decisively cut emissions, hinting that Canadian companies may be allowed to take advantage of the Clean Development Mechanism, which allows rich countries to by emissions allowances from developing nations, but not to take part in a market like the European ETS. No doubt Canada’s corporations, which are eager to get into the carbon market, are delighted that Baird is telling them what they can and can’t do.