Future Unlikely For Kyoto Climate Treaty

[Chris]

The landmark Kyoto climate treaty, a global warming pact negotiated 12 years ago, is unlikely to live on after its 2012 end date.

During climate talks in Bangkok last week it became apparent that after the treaty's initial term ends, a new treaty will almost certainly take its place.

Diplomats from the U.S. and 15 other major economies will meet on Sunday in London to talk about a new global warming agreement.

The news leaves many countries in the developing world frustrated. The key to the Kyoto pact was that many industrialized countries had promised to reach emissions reduction targets on a specific timetable.

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Hm... I hadn't realized it came with an expiration date.  I wonder if the countries that ratified it would like to have their money back at this piont.

[thundley4]

Hm... I hadn't realized it came with an expiration date.  I wonder if the countries that ratified it would like to have their money back at this piont.

I don't think any of the countries that did sign it were able to meet the reductions.  The whole thing is BS anyway. It's just wealth redistribution done on a global scale, and sure to make all countries equally impoverished, except for China and India.  China would be the big winner in this whole thing. IMO

[Alpha Mare]

The news leaves many countries in the developing world frustrated. The key to the Kyoto pact was that many industrialized countries had promised to reach emissions reduction targets on a specific timetable.

No, the key was that industrialized countries (US) pay big bucks to developing countries.

[Peter3_1]

Of course it is BS...CO2 levels were at 5,000+ ppm during the Dino ages, today it is 385 ppm. And we're heading for an ice age LONG before we see 5,000ppm again.

It was warm, full of life and we owe almosrt all our oil and coal resources to that age. CO2 = plenty plant growth. Any commercial hot house operator can tell you about it,