Canada May Save $6.7B by Exiting Kyoto Pact

[myrobbins7]

Canada, the country furthest from meeting its commitment to cut carbon emissions under the Kyoto Protocol, may save as much as $6.7 billion by exiting the global climate change agreement and not paying for offset credits.

Canada May Save $6.7B by Exiting Kyoto Pact - Bloomberg

 

[PKT_VOL]

Countries are going to do what is in their best interests at the end of the day.

 

[MG1968]

didn't the US get close to Kyoto numbers without ever actually signing on to Kyoto?

 

[PKT_VOL]

didn't the US get close to Kyoto numbers without ever actually signing on to Kyoto?

Probably. I believe we are still the only country to flat-out refuse to ratify the Kyoto Protocol.

 

[KiffinKiller]

Canada is getting close. Don't worry yourself.

 

[joevol320]

didn't the US get close to Kyoto numbers without ever actually signing on to Kyoto?

yes, i had watched a show where they were saying we had cut the pollution numbers down a great deal just because of our private sector had designed better technology. i can't remember the exact #, but it was very interesting how much it had gone down just over 10+ years. the point being that we didn't need any treaty or regulations because the private sector was already a step ahead of the gov.

 

[utvolpj]

Probably. I believe we are still the only country to flat-out refuse to ratify the Kyoto Protocol.

did China and India even get asked?

 

[therealUT]

did China and India even get asked?

Yes.

 

[volinbham]

China and India (along with others) got a different deal and are basically exempt from the first round of emission cut requirements. Presumably though, they may benefit from carbon offset purchases made by countries like Canada.