July 22, 2003

Will Russia step off the Kyoto cliff?

With the Kyoto environmental accord, there's signature, ratification, and actually following the treaty. Signing is easy, if you don't intend to ratify. Ratification is easy, if you don't intend to follow the requirements, and finally, following the requirements is easy if your economy happens to have imploded since the treaty start date of 1990. The stronger your economic growth is, the less likely you will be able to fit into the Kyoto restriction regime.

Russia has signed but not ratified and the EU is putting the pressure on. As the article notes, 10 of the 15 EU states are simply out of compliance, thus making a mockery of the whole process but their noncompliance makes it clear that actually reducing pollution is not the intent of the exercise.

Posted by TMLutas at July 22, 2003 01:16 AM