Kyoto: Targets, Commitments And Flexibility

The Kyoto Protocol, which came into force February 2005 is creating many difficulties for industries worldwide. The targets of the Protocol, emissions and commitments to their reduction, as well as flexibility in making and measuring the same reductions area all discussed in this article. The conference of the parties (COP), expected to reduce costs and facilitate the management of the intergovernmental process, rounds up the paper.