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Monday, December 12, 2011

Canada: Formally pulls out of Kyoto Protocol on Climate Change

Canada formally pulls out of Kyoto Protocol on climate change - The Washington Post: "“To meet the targets under Kyoto for 2012 would be the equivalent of either removing every car, truck, ATV, tractor, ambulance, police car and vehicle of every kind from Canadian roads or closing down the entire farming and agriculture sector and cutting heat to every home, office, hospital, factory and building in Canada,” Kent said. Harper’s Conservative government is reluctant to hurt Canada’s booming oil sands sector, which is the country’s fastest growing source of greenhouse gases and a reason it has reneged on its Kyoto commitments. Canada has the world’s third-largest oil reserves, more than 170 billion barrels. Daily production of 1.5 million barrels from the oil sands is expected to increase to 3.7 million in 2025. Only Saudi Arabia and Venezuela have more reserves. But critics say the enormous amount of energy and water needed in the extraction process increases greenhouse gas emissions."

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