India ratifies 2nd commitment period of Kyoto Protocol UNITED NATIONS: India has ratified the second commitment period of the Kyoto Protocol that commits countries to contain the emission of greenhouse gases, reaffirming its stand on climate action.
Also asked, why was China exempt from the Kyoto Protocol?
While the United States signed the Protocol under the Clin- ton administration, President Bush withdrew, citing economic concerns and dismay that large, CO2-emitting countries such as China and India would be exempt from Protocol emission restrictions as developing nations.
Additionally, what is meant by Kyoto Protocol?
The Kyoto Protocol is an international agreement that aimed to reduce carbon dioxide (CO2) emissions and the presence of greenhouse gases (GHG) in the atmosphere. The essential tenet of the Kyoto Protocol was that industrialized nations needed to lessen the amount of their CO2 emissions.
Was the Kyoto Protocol legally binding?
The 1997 Kyoto Protocol – an agreement under the United Nations Framework Convention on Climate Change (UNFCCC) – is the world's only legally binding treaty to reduce greenhouse emissions. However, because many major emitters are not part of Kyoto, it only covers about 18% of global emissions.
Why did the Kyoto Protocol fail?
At the end of 2012 the commitments under the Kyoto Protocol will expire. Many argue that Kyoto's failure is due to deficiencies in the structure of the agreement, such as the exemption of developing countries from reductions requirements, or the lack of an effective emissions trading scheme.