The Kyoto Protocol and Canada


Introduction


In this paper on The Kyoto Protocol and Canada, I plan on covering different aspects of how Canada is directly related to a substantial part of this Protocol. There is a large debate on whether or not Canada should ratify the Protocol, and generally speaking for Canadians that is, businesses are apposed to the ratification and with good reason. The ratification for the most part will cause the business sector an extreme amount of money to meet the standards of the Protocol and then the question is asked, “What will be the cost to Canadians?” I will also be looking at the other side of the ongoing debate. I will be talking about the impact on the environment if the Protocol was ratified. There are strong advantages if the protocol was ratified but here are also very strong disadvantages and I hope to point some of those out in this paper. I will also be supplying my own opinion on the subject at hand and giving my personal beliefs and join one side of the argument. Then in closing I plan to examine the impact of the protocol on the Province of Alberta. Alberta has a booming energy sector and what will this implication of the protocol have on there provinces business sector and there population.


Advantages


In December 1997 at the Third Canferences of the United Nations Framework Convention on Climate Change in Kyoto, Japan, more the 160 nations formally adopted the Kyoto Protocol. This agreement calls for industrialized countries, such as Canada, to reduce their emissions of greenhouse gases to levels 5 percent below 1990 emission levels by 2012. Negotiators have met regularly since 1995 to iron out the details on how this treaty can be enforced in ways that are agreeable for industrialized countries such as the United States, which releases more greenhouse gases than any other nation, and developing countries that cannot afford the expense that the restrictions that the greenhouse gas emissions would require. If Canada would ratify the Protocol, the rapid enhancement of the standard of living and the environment would be absolutely astonishing. The whole point of the Protocol is to in fact make the environment and better place for everybody and by ratifying it, many great things would happen for Canada. Our Health Care system would not nearly have as much strain because many diseases are because of the emissions of greenhouse gases and it effects or health in drastic ways that we do not even know about. Thousands of jobs would be created because of the Protocol. There would supposedly be an economic boom because of all the jobs it would create. Our economy would grow which is much needed at a time when the economies have never been so bad. The implication would and creation of jobs would only strengthen the nervous investors. People would not be afraid to loose all there money in the markets and other business sectors because of the boom. When the protocol gets ratified or if it does, Canada would get a reputation that we care about the environment. We do not need to be tied down by the United States of America’s decisions that they will not ratify it. It would do wonders for our ever sliding Canadian dollar. Investors would invest in our energy and environmentally friendly sectors. It will improve air quality and improve human health. In 1995 Green House Gases grew by 2.6 percent, while our economy grew by nearly 3.0 percent. In comparison, our Green House Gases in 1999grew by just under 1.4 percent, while our economy grew by 4.5 percent. This tells us that our economy is growing in a more Green House Gas efficient way. So there are many advantages of ratifying the plan and I thought I would list some of them to attack that side of the argument.


Disadvantages


There are many concerns about adopting the Kyoto Protocol. If Canada were to ratify the Protocol we would then realize that it is impossible to meet the standards. Our population keeps growing and industries keep growing and there is great concern to do it in a cost effective way. The main disadvantage in adopting the Protocol is that it will cost Canadians way to much money. Our