Kyoto Protocol in the balance
A top Kremlin official indicated Tuesday that Russia does not intend to ratify the Kyoto Protocol to limit greenhouse gas emissions, citing "limitations on economic growth" thereby placing the future of the treaty in jeopardy. However, the Russian Economic Minister, Mukhamed Tsikhanov responded today by saying that indeed no decision has been made and that the country is moving towards the treaty. While Russian intentions remain unclear, it is clear that if Russia rejects the Kyoto Protocol that it will fail due to lack of global support.
In order for the treaty to take effect, at least 55 countries making up more than 55% of the global greenhouse gas emissions must ratify the Protocol. The U.S. soundly rejected the Kyoto Protocol in 2001, also citing economic reasons, much to the dismay of environmentalists worldwide. Without two of the largest greenhouse gas producers on-board, it will be impossible for the treaty to take effect.
Accounting for more than 17% of the global greenhouse gas emissions, Russia will dictate the fate of the beleaguered Kyoto Protocol.
Read more from these publications:
BBC News - Dec. 3, 2003:
Russia 'still open' to Kyoto pact
NY Times - Dec. 3, 2003 (free registration required):
Russia Rules Out Accepting Kyoto Protocol