Tuesday, January 03, 2012

Canada’s parting gift

Canada, a major energy producer, walked out on the Kyoto Protocol during the Durban meeting, but it made a big contribution to the landmark agreement as it went. It has long complained Kyoto is unworkable because it excludes major emitters (India and China). No country complained louder about the Canadian withdrawal than China – the biggest benefactor of funds from ‘rich’ countries for low emissions projects. Did the Chinese see Canada’s decision to take its hockey stick home the first indication that they could be killing the goose who lays the golden eggs?

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