36 Countries, Minus U.S. and Canada, Meet Climate Targets
Energy.gov
ScienceDaily.com reports that all 36 countries that committed to the Kyoto Protocol on climate change complied with their emission targets, according to a new scientific study published in the Climate Policy journal.
The Kyoto process and climate-related policies, represented a low cost for the countries involved — up to 0.1% of GDP for the European Union and an even lower fraction of Japan’s GDP. This is around one quarter to one tenth of what experts had estimated after the agreement was reached in 1997, for delivering the targets set 15 years ahead.
The US never ratified the Treaty and Canada withdrew, but all the rest continued and Kyoto came into force in 2005.
