POL101Y1 Lecture Notes - Lecture 9: Certified Emission Reduction, Clean Development Mechanism, Kyoto Protocol
Document Summary
2011, under harper canada withdrew from it. Point of treaty to get developed countries to reduce own emissions. Needed 2. 3 support from us senate to ratify this, industries also opposed. 2004, senate vote, bush also against this has it limits scope of business like harper. At that time us was the biggest contributor. 2009, first time us agreed to specific target numbers with obama, and offered 100 billion dollars in assistance for poor countries. Trying to shows that he could deliver china, solve collective action problem back home, both china and us would pay cost. Obama wanted to take home an agreement that showed china on board, so it wouldn(cid:495)t look like chinese industries had an advantage. Copenhagen only change to go to climate change talks with a strong hand. Could trade carbon credits with countries that are emitting are less than their allotment, less the quota.
