Jan 27th, 2012
Climate gamblers have been led astray since 1997 when the Kyoto Protocol was amended to let corporations buy the right to pollute in exchange for endorsing the treaty. Predictably, Washington has refused to honour this ever since. In the middle of last year, when carbon prices fell 15 percent in one ...
Dec 15th, 2011
Barely 24 hours after it signed a new global climate change agreement in Durban, South Africa, Canada became on Monday the first country to formally withdraw from the Kyoto Protocol, the only legally binding treaty to reduce emissions causing climate change. The 17th Conference of the Parties (COP17)...