The Kyoto Protocol - Business Ethics Case (Final Assignment)
Index • Introduction page 3 • Provisions and rationales of the Kyoto Protocol pages 4-5 • Effectiveness of the Kyoto Protocol pages 5-6 • The impact of the Kyoto Protocol on Spain pages 7-8 • Conclusion page 9 • Bibliography page 10
1. Introduction
The Kyoto Protocol is an international agreement framed into the United Nations Framework Convention on Climate Change (UNFCCC). It was raised the 11th of December of 1997 in the city of Kyoto to develop a package of measures to reduce anthropogenic greenhouse gases. The main objective of this treaty is to protect the planet from the effects of climate change and reduce the gas emissions which provoke the phenomenon known as global warming. Thus, taking into account the direct human responsibility in this environmental problem, this treaty tries to engage developed and developing countries all around the world to take action against climate change. In relation to this, the Kyoto Protocol establishes legally binding commitments for the reduction of four greenhouse gases (carbon dioxide, methane, nitrous oxide, sulphur hexafluoride), and two groups of gases (hydrofluorocarbons and perfluorocarbons) that the countries which signed and ratified the protocol has to fulfill between 2008 and 2012. Greenhouse gas emissions have to be reduced by approximately 5.2% within this period taking into consideration the gas emissions of 1990. However, this 5.2% reduction over the greenhouse gas emissions of 1990 is a global percentage, and that way, each country has its own emissions percentages which have to decrease. This fact, as we will analyze later, is very important because the Kyoto Protocol assign different
1. Introduction
The Kyoto Protocol is an international agreement framed into the United Nations Framework Convention on Climate Change (UNFCCC). It was raised the 11th of December of 1997 in the city of Kyoto to develop a package of measures to reduce anthropogenic greenhouse gases. The main objective of this treaty is to protect the planet from the effects of climate change and reduce the gas emissions which provoke the phenomenon known as global warming. Thus, taking into account the direct human responsibility in this environmental problem, this treaty tries to engage developed and developing countries all around the world to take action against climate change. In relation to this, the Kyoto Protocol establishes legally binding commitments for the reduction of four greenhouse gases (carbon dioxide, methane, nitrous oxide, sulphur hexafluoride), and two groups of gases (hydrofluorocarbons and perfluorocarbons) that the countries which signed and ratified the protocol has to fulfill between 2008 and 2012. Greenhouse gas emissions have to be reduced by approximately 5.2% within this period taking into consideration the gas emissions of 1990. However, this 5.2% reduction over the greenhouse gas emissions of 1990 is a global percentage, and that way, each country has its own emissions percentages which have to decrease. This fact, as we will analyze later, is very important because the Kyoto Protocol assign different
Bibliography: ➢ http://www.iccfglobal.org/pdf/Spainfinal101705.pdf, “Kyoto Protocol and Beyond: The Economic Cost to Spain”, International Council for Capital Formation (ICCF), 2005. ➢ http://web.mit.edu/newsoffice/2002/aaas5-0227.html, “Effectiveness of Kyoto Protocol on climate in absence of US ratification discussed”, MIT articles and reports, February 27, 2002 ----------------------- [2] http://www.iccfglobal.org/pdf/Spainfinal101705.pdf, “Kyoto Protocol and Beyond: The Economic Cost to Spain”, International Council for Capital Formation (ICCF), 2005.