What Are the Pros and Cons of the Kyoto Protocol?

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  • Topic: Kyoto Protocol, Global warming, Carbon credit
  • Pages : 2 (801 words )
  • Download(s) : 484
  • Published : December 11, 2012
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What are the pros and cons of the Kyoto Protocol? Do you think it should be followed? Why, or why not? Kyoto Protocol was signed in 1997 in Kyoto, Japan, with the aim to reduce greenhouse gases emission and thus to conquer global warming. It came into force eventually on February 16, 2005 with 55 countries ratifying it. Apparently the effect of such agreement is distinctive in different states depending on the level of the emissions they have. Numerous supporters of the Protocol’s promotion presume that its full implementation is a key factor in slowing or even reversing global warming. Reducing greenhouse gas emissions is a crucial step in preventing this serious disaster, because even a small global temperature increase may lead to big climatic alternations which would cause irreversible damages to the life of all organisms living on Earth. By the latest estimations an average temperature on Earth is going to increase approximately by 3 degrees Celsius, which is caused by the following factors: worldwide industrialization, overpopulation, deforestation and machines worldwide. For the majority of the countries under the Protocol the advantage is a huge profit they make on this deal. How is it possible? Each country is permitted to have the level of emissions according to the amount of the substances emitted in 1990. And surely the industry of each country either progresses or regresses, but the quota remains the same. So the Emissions Trading Scheme was established to allow for trade between the countries that have excess of the emission units and those that are over their targets. Perhaps for some of the countries it is merely the gain that is significant. The consequences should be divided into two groups depending on the level of the country’s development. A peculiar situation has arisen in developing countries. The quota established for them mostly is too high to reach, so they usually have an excess of allowances. Therefore this is...
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