Miners seize on G8 loss of support for Kyoto protocol
Senin, 30 Mei 2011 by Android Blackberry
Miners seize on G8 loss of support for Kyoto protocol
AUSTRALIA'S mining industry has seized on the refusal of 3 key economies to sign up to a new round of Kyoto Protocol emissions cuts.
Russia, Japan and Canada confirmed at the weekend G8 meeting in Deauville, France, that they would not join a second round of carbon cuts if creating countries had been not required to make their own emissions reductions.
They argued the Kyoto format didn't demand emerging countries - which includes China, the world's largest carbon polluter - to make targeted emissions cuts.
US President Barack Obama, at Thursday night's G8 dinner, confirmed Washington would not join an updated Kyoto Protocol, diplomats stated.
The Minerals Council stated Australia along with the European Union had been now the only major developed nations or groups of nations committed to an extension of the protocol right after its expiry at the end of next year.
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"Confirmation of the likely demise of the Kyoto Protocol means that Australia is going to be introducing a new $11 billion carbon tax on the economy within the absence of a binding global agreement to decrease emissions," the Minerals Council stated.
Julia Gillard denied Australia was acting before the rest of the world. The Prime Minister pointed to the emissions trading schemes of Europe and New Zealand, as well as the US's 80 per cent clean energy target for 2035.
"Now I don't put the case to the Australian individuals that we really should act in front of the world, but we cannot afford to be left behind, either," she stated.
The future of the Kyoto Protocol has grow to be central to efforts to negotiate reductions of carbon emissions under the UN's Framework Convention on Climate Change, whose annual meeting will take place in Durban, South Africa, from November 28.
Under the Kyoto Protocol, signed in 1997, developed countries, with the exception of the US, agreed to legally binding commitments on curbing greenhouse-gas emissions.
Those pledges expire at the end of next year.
Developing countries say a second round will be the quid pro quo for securing deals within the wider arena that includes the US.
The US, the second-largest carbon emitter, signed the protocol in 1997, but in 2001 president George W. Bush declared he would not put it to the Senate for ratification, judging it unfair and too expensive for the US economy
AUSTRALIA'S mining industry has seized on the refusal of 3 key economies to sign up to a new round of Kyoto Protocol emissions cuts.
Russia, Japan and Canada confirmed at the weekend G8 meeting in Deauville, France, that they would not join a second round of carbon cuts if creating countries had been not required to make their own emissions reductions.
They argued the Kyoto format didn't demand emerging countries - which includes China, the world's largest carbon polluter - to make targeted emissions cuts.
US President Barack Obama, at Thursday night's G8 dinner, confirmed Washington would not join an updated Kyoto Protocol, diplomats stated.
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| Leaders of the Group of Eight (G8) industrialised nations |
The Minerals Council stated Australia along with the European Union had been now the only major developed nations or groups of nations committed to an extension of the protocol right after its expiry at the end of next year.
Start of sidebar. Skip to end of sidebar.
End of sidebar. Return to start of sidebar.
"Confirmation of the likely demise of the Kyoto Protocol means that Australia is going to be introducing a new $11 billion carbon tax on the economy within the absence of a binding global agreement to decrease emissions," the Minerals Council stated.
Julia Gillard denied Australia was acting before the rest of the world. The Prime Minister pointed to the emissions trading schemes of Europe and New Zealand, as well as the US's 80 per cent clean energy target for 2035.
"Now I don't put the case to the Australian individuals that we really should act in front of the world, but we cannot afford to be left behind, either," she stated.
The future of the Kyoto Protocol has grow to be central to efforts to negotiate reductions of carbon emissions under the UN's Framework Convention on Climate Change, whose annual meeting will take place in Durban, South Africa, from November 28.
Under the Kyoto Protocol, signed in 1997, developed countries, with the exception of the US, agreed to legally binding commitments on curbing greenhouse-gas emissions.
Those pledges expire at the end of next year.
Developing countries say a second round will be the quid pro quo for securing deals within the wider arena that includes the US.
The US, the second-largest carbon emitter, signed the protocol in 1997, but in 2001 president George W. Bush declared he would not put it to the Senate for ratification, judging it unfair and too expensive for the US economy
