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Business
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Number of pages / Number of words: |
7 / 1803 |
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For the Kyoto Protocol to be enforced it must be ratified by at least 55 countries constituting 55% of worldwide carbon dioxide emissions. Currently 70 countries have ratified the Protocol comprising 35.2% of emissions. Contrary to the USA that shows no intention of ratifying under the current administration, both Russia and Poland have assured their future ratification...
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In this case, the necessary criteria would be fulfilled for the agreement to be enforced (Platts, 2003). But doubts have recently been cast on Russia's position due to statements given by high Russian government officials (Reuters (CNN), 2003). The effects the Kyoto Protocol could have on business especially in the energy industry might turn out to be substantial...
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