Reuters: A United Nations panel has proposed merging the two tracks of its Joint Implementation (JI) emissions cutting mechanism under the Kyoto Protocol, the JI Supervisory Committee (JISC) said. Under JI, companies can invest in carbon-cutting projects in nations that signed up to emissions targets under Kyoto, and in return receive emissions reduction units (ERUs), which can be used toward their own corporate emissions targets or sold for profit. Currently, countries can either issue …