What does the Kyoto Protocol require?
The Kyoto Protocol was adopted in late 1997 to address the problem of global warming by reducing the world’s greenhouse gas emissions. It is considered a first step and is not expected to solve the world’s climate change problems by the time its first commitment period ends in 2012. Kyoto sets out an agenda for reducing greenhouse gas emissions by 5.2 per cent from 1990 levels (although “economies in transition,” like Russia, can pick different base years). Some reports say the lower target is to be met by 2010. But that’s shorthand for the actual target date, which is to achieve those emission cuts over a five-year average (2008 to 2012). All countries are not treated equally by Kyoto. Canada, for instance, has committed to chopping its greenhouse gas emissions by six per cent. The U.S. target was a seven per cent reduction. But in 2001, one of the first acts of newly-elected President George W. Bush was to formally withdraw the U.S. from Kyoto. Bush said the U.S. would not ratify the
