ext_285016 ([identity profile] mahogany.livejournal.com) wrote in [personal profile] mahogany 2005-01-30 11:09 am (UTC)

Yes, that was my basic understanding as well. My concern is that Canada may use some of the mechanisms such as carbon trading, and carbon sinks to the exclusion of encouraging and supporting industries to reduce their carbon emissions, which essentially amounts to buying our way to our target, which I think defeats the purpose.

I think we need to use countries like the Netherlands as example. They are world leaders in this areas, and they have found ways to succeed in reducing emissions without compromising profitability - infact, companies like Shell Oil have apparently increased their profit margins while substantially reducing carbon emissions. If Canada could also become a world leader in an area like this, I think it would be good for our country on a number of levels.

The idea is great, but as long as the USA remains offside I do not really see how it can go anywhere.

132 countries have ratified it, and with Russia being on board, we now have 61% of the emissions from developed countries.

I'm actually hoping that Kyoto succeeds without the US and Australia being on board, and I think it has a chance of succeeding. Kyoto is a pretty big deal, and if it succeeds without US support, I suspect it may have impact on other areas (or at least, I'm hoping that it will have impact in other areas). I'm hoping that any international project of this scale, that SUCCEEDS without US invovlement or support will be instrumental in lessing US hegemony.

But then again, I'm an optimist.

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