Day By Day

Friday, April 20, 2007

Canada Gets Real

At last our neighbors across the border have wakened up to the fact that Kyoto is doomed. The Financial Post reports:

This week's announcement by the Canadian government -- that it may join a U.S.-led coalition focused on voluntary emissions cuts -- could be part of a global shift away from Kyoto's binding targets.

In a somewhat surprising development, Canada, a long-time supporter of the Kyoto Protocol, announced that it may want to join the Asia-Pacific Partnership on Clean Development and Climate (AP6), a six-nation coalition focusing on voluntary emission-reduction steps and technology transfers. Many environmentalists oppose AP6 out of a fear that it may undermine political support for the legally binding Kyoto treaty.

The partnership, launched in mid-2005, is an agreement among six countries -- Australia, China, India, Japan, South Korea and the United States -- to develop and share greenhouse-gasreduction technology to combat climate change. According to the AP6 Web site, the six partner countries "represent about half of the world's economy, population and energy use, and they produce about 65% of the world's coal, 48% of the world's steel, 37% of world's aluminum, and 61% of the world's cement." The countries also account for half the world's greenhouse-gas emissions.

Unlike the Kyoto Protocol, the Asia-Pacific Partnership is voluntary and technology-based, and lets each country set its own goals for greenhouse gas emission reductions, rather than legally binding them to a greenhouse gas reduction target. The group sees itself as "a voluntary, non-legally binding framework for international co-operation to facilitate the development, diffusion, deployment, and transfer of existing, emerging and longer term cost-effective, cleaner, more efficient technologies and practices."

Green activists fear that AP6 -- officially a complementary approach to Kyoto -- could be converted into an opposing bloc.

Read it here.

The AP6 is emerging as a realistic alternative to the pie in the sky authoritarian Kyoto regime. One more major diplomatic success for the Bush administration -- but is anyone paying attention? Naaaaah!