Monday, April 27, 2009
Don't Expect Much From The Next Kyoto
The Copenhagen Climate Convention is months away, but likely DOA already. Here's why.
The Copenhagen Climate Convention is still eight months off, but it already looks likely that the follow-up to the Kyoto Climate Protocol will end without agreement on dramatic new action to curb global greenhouse gas emissions. The reason? American politics.
In December representatives from 170 countries will attempt to craft a global policy to reduce the emission of carbon dioxide and other greenhouse gasses. A Copenhagen agreement would replace the Kyoto Protocol, the current global climate pact that entered in effect in 2005 and expires in 2012. It calls for countries to reduce their greenhouse gas emissions through means such as Europe's carbon cap-and-trade market, which began in 2005.
See full Article.