The unfinished climate business after Kyoto

The global community took its biggest step yet in responding to the threat of climate change by agreeing a Protocol to limit greenhouse gas emissions at a meeting in Kyoto, Japan, on 1-11 December. Developed nations must cut their emissions by 5% below 1990 levels, and by 30% below projected levels, by 2008-12. But it may be another two years before rules on issues which were set aside in Kyoto are finalised, the size of the loopholes in the Protocol becomes clear, and the strength of the signal to governments and businesses to introduce more energy-efficiency policies and products can be measured.

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