What is Chevrons position on The Kyoto Protocol?
A. The Kyoto Protocol assigns mandatory emission limits of greenhouse gasses to signatory nations. We support the intentions of Kyoto in reducing greenhouse gas emissions and respect the individual countries that have made the decisions to sign. However, while we support the global engagement that it envisions, we believe it focuses on signing up many countries rather than truly engaging the 10 – 12 critical emitting countries. Further, we think it asks for emission reductions that are too aggressive too quickly, given the technologies that are currently available. Finally, we don’t think the economic consequences are fully outlined.
