查看文章

The international concern over the climatic changes has provoked industrialized nations to reduce the emission of Green House Gases (GHG’s) by an overall 5 per cent, as compared to 1990 level by 2008-2012. The present study analyses the emission mitigation targets under Kyoto Protocol by industrialized nations classified as the Annex I parties. The Annex I parties (EIT and Non-EIT) are able to reduce the emissions by 6 per cent, which is mainly due to the collapse of former USSR economy, in 2003 as compared to 1990 level. The EIT parties have registered a 40 per cent decline in the GHG’s emissions. On the other hand, the emissions from Non-EIT parties have increased by 9 per cent in the same period. These industrialized nations are now well off the targets and are expected to emit 10 per cent above the 1990 level by 2010. The treaty seems to be toothless and obsolete without the support of the USA, the country responsible for ¼th of the world emission, and fatally flawed because it does not require developing countries to commit emission reductions.