Canada’s Kyoto Plan: Time for a Reality Check

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Canada’s Kyoto Plan: Time for a Reality Check

Canadian Economic Analysis Sustainable Economy

Author: John Roberts

$140.00

The Kyoto Protocol on climate change became legally binding on February 16, 2005. On April 13, 2005, the Canadian government released its third attempt to produce a plan to meet its Kyoto commitment. Almost eight years after the Kyoto Protocol was signed, the government has still not presented a detailed design for meeting our obligation.

Canada’s Kyoto Plan: Time for a Reality Check outlines the problems Canada faces in meeting its Kyoto commitment, including delays in implementing new measures, rising domestic greenhouse gas emissions, and the absence of a national system to allow Canadian companies to trade emissions reductions and offset credits.

The federal government is providing support for renewable energy, new infrastructure and clean technologies. These are good initiatives, but their long-term benefits will mostly occur after the Kyoto period. Canada needs to develop an interest-based strategy to reduce emissions, but the federal government has not demonstrated this resolve.

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Canada’s Kyoto Plan: Time for a Reality Check looks at Canada’s efforts to meet its commitments under the Kyoto Protocol on climate change. It outlines the problems Canada faces in meeting its Kyoto commitment and recommends that the federal government develop a long-term, interest-based strategy to reduce emissions.

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