Category: COP 17-Durban

A step closer to saving the emissions market at Durban: encouraging outcomes on the AAU surplus and linkage

The outcome of the UN conference in Durban has been more positive than initially indicated by the complexity of the negotiations. It is particularly laudable that a second commitment period of the Kyoto Protocol has been secured. This result translates into a continued existence of the international emissions trading mechanism. […]

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The End of Durban May Mean the End of Kyoto

The end of the Durban conference is approaching, and in all likelihood, the end of the Kyoto Protocol along with it. Developments in the last few days indicate the outcome is more likely to confirm a global disagreement, rather than agreement, over the idea of a second Kyoto commitment period, or “Kyoto II,” for all countries, both developed and developing. […]

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India Rejects EU Plan for New Treaty After Kyoto

With the Durban climate change negotiations barely a week old, key countries are drawing their “red line” positions in the sand. On one side of the line, where the Group of 77 (G77) + China and other developing countries firmly sit, is a second commitment period under the Kyoto Protocol that continues binding targets for current country signatories after the first period expires at the end of 2012 (excluding Canada, which has announced that it is pulling out of the treaty altogether). On the other is a European Union plan for a new global agreement with binding targets for all countries beginning in 2015 and in force by 2020. […]

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Disappointment as Canada says it will withdraw from the Kyoto Protocol

On Monday, Environment Minister Peter Kent announced that Canada “will not make a second commitment to Kyoto.” In addition, Canada will no longer take steps to cut greenhouse gas emissions under the Kyoto Protocol and may begin to formally withdraw from the agreement next month. In place of the Protocol, Canada’s goal is for “a new international agreement, eventually binding, which would include all the major developed and developing emitters.” […]

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