(CNN) -- Heres a look at the Kyoto Protocol, an agreement reached - TopicsExpress



          

(CNN) -- Heres a look at the Kyoto Protocol, an agreement reached out in Kyoto, Japan, in 1997, mandating that industrialized nations cut their greenhouse gas emissions. Facts: 192 countries have ratified the protocol. The Untied States has not; it dropped out in 2001. The protocol mandates that 38 industrialized nations cut their greenhouse gas emissions. Developing nations are asked to voluntarily comply. Over 100 developing countries, including China and India, are exempted from the treaty. The treaty cannot go into effect until at least 55 countries, accounting for 55% of the worlds emissions, ratify it. The signatories agree to cut their countrys emissions to 5% below 1990 levels between 2008 and 2012. The treaty also establishes an international trading system, which allows countries to earn credits toward their emission target by investing in emission cleanups outside their own country. The Global Carbon Project releases a study revealing that the largest contributors of greenhouse gases in 2012 were China with 27% and the United States with 14%. Australia has also refused to ratify the treaty. Timeline: December 1-11, 1997 - The Conference of the Parties to the United Nations Framework Convention on Climate Change is held in Kyoto, Japan. Over 150 nations attend and adopt the first international treaty on controlling and reducing greenhouse gases. November 2, 1998 - In Buenos Aires, Argentina, 160 nations meet to work out details of the protocol and create the Buenos Aires Action Plan. March 27, 2001 - EPA administrator Christine Todd Whitman states that the Bush administration has no interest in implementing the Kyoto Protocol. July 23, 2001 - Negotiators from 178 countries meet in Bonn, Germany, and agree to adopt the protocol. The United States doesnt participate. November 10, 2001 - Representatives from 160 countries meet in Marrakech, Morocco, to further work out details of the protocol. November 18, 2004 - The Russian Federation ratifies the protocol, giving new hope that it can be implemented, even without the United States.
Posted on: Thu, 15 May 2014 09:14:19 +0000

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