Taking a Look at the Kyoto Protocol

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The Kyoto Protocol is a binding international agreement, which began in Kyoto, Japan in 1997. As of June 2013, there were a total of 192 parties participating in the Kyoto Protocol, Canada was no longer one of them. Canada was one of the first to sign the agreement, in 1998; more than 4 years later, Canada formally approved the Kyoto Accord, in 2002. This meant Canada would have to decrease its emissions, by 6% in comparison to 1990 levels (461 Mt), by the year 2012. Despite some efforts, Canada failed to meet these requirements and in fact increased total emissions by roughly 24% by the year 2008. Canada formally withdrew from the Kyoto Accord in 2011, avoiding penalties and future detriments. The withdrawal of Canada from the Kyoto…show more content…
In the year 2000, before ratifying the agreement, they began with $500 million, in comparison to the total amount just three years later, $500 million is not a lot. Federal spending reached 1.7 billion in 2003, just one year after Canada ratified the Kyoto Protocol, and two years before the protocol took effect. If Canada had endured the agreement, it was believed to have cost over ten billion. Although we should be involved in saving the earth, the amount of money is too big of a price to pay, and we will never know how much it would take to reduce greenhouse gases to that of the agreement.
The Kyoto Protocol does not benefit Canada because it is unfair, too costly, and now that the United States has withdrawn from the agreement, it can only be bad news for Canada. The Kyoto Protocol does not treat every country fairly. Canada has more to lose with the Protocol than other countries, and they should all be treated in the same way. Some of the world’s largest polluters, such as China and India, are exempt from “round one” of the Protocol because they are seen as developing countries with more important issues to deal with. Secondly, Kyoto allows some industrialized countries, such as Russia and New Zealand, to make no cuts, and even permits some places, like Iceland, to emit more greenhouse gasses. The protocol will be unsuccessful and ineffective if every country is not on board. Finally, Canada will need to provide
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