applecorped
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http://www.bloomberg.com/news/2011-...7-billion-bill-by-exiting-kyoto-protocol.html
"Canada, the country furthest from meeting its commitment to cut carbon emissions under the Kyoto Protocol, may save as much as $6.7 billion by exiting the global climate change agreement and not paying for offset credits.
Canada, which has the world’s third-largest proven oil reserves, would be the first of 191 signatories to the Kyoto Protocol to annul its emission-reduction obligations. While Environment Minister Peter Kent declined to confirm Nov. 28 that Canada is preparing to pull out of Kyoto, which may ease the burden for oil-sands producers and coal-burning utilities, he said the government wouldn’t make further commitments to it. "
Won't be the last.
"Canada, the country furthest from meeting its commitment to cut carbon emissions under the Kyoto Protocol, may save as much as $6.7 billion by exiting the global climate change agreement and not paying for offset credits.
Canada, which has the world’s third-largest proven oil reserves, would be the first of 191 signatories to the Kyoto Protocol to annul its emission-reduction obligations. While Environment Minister Peter Kent declined to confirm Nov. 28 that Canada is preparing to pull out of Kyoto, which may ease the burden for oil-sands producers and coal-burning utilities, he said the government wouldn’t make further commitments to it. "
Won't be the last.