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The Canadian government, and its insistence on ''credit for sinks,'' was blamed for blocking progress on an international deal to stop climate change. Why the concern over credit for sinks?
"Taking Credit: Canada and the Role of Sinks in International Climate Negotiations" examines the science and policies surrounding controversial sections of the Kyoto Protocol that deal with carbon sinks.
This report card evaluates the negotiating positions of the 27 nations that are members of the Organization for Economic Co-operation and Development (OECD) and signatories to the Framework Convention on Climate Change. These are the world's leading nations.
Recently released data shows that, if adopted, the Canadian position on the treatment of forests and soils under the Kyoto Protocol would obliterate the environmental impact of the Kyoto Protocol.
The Canadian position on the treatment of sequestration of carbon by forests and under the Kyoto Protocol is scientifically unsound and could lead to massive increases in atmospheric concentrations of greenhouse gases.
While the Kyoto Protocol is potentially an important first step in averting global climate change a number of potential weaknesses and loopholes could make the difference between it representing a first step and it being largely ineffective.
While greenhouse gas emissions can be reduced dramatically through measures that are worth doing for reasons that include protecting human health, improving competitiveness, saving consumers' money and improving the liveability of cities, delaying action will likely prove expensive.
Despite the urgent need for early action to reduce greenhouse gas emissions, this brief is in part intended to alert readers to the potential negative implications of developing a credit for early action system.
This paper begins with a brief description of existing international and domestic environmental law relating to climate change.