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Online Stock Market Trading In the international debate over how to deal with global warming, the United States and China occupy center stage. The United States has long been the dominant producer of carbon dioxide emissions and the other heat-trapping greenhouse gases associated with rising temperatures. China still lags far behind in total emissions, but its vast population and rapid rate of economic growth put it high on experts' lists of future sources of the warming gases. India is not too far behind.

Tony Blair writes in the forward to the report that “it is now plain that the emission of greenhouse gases… is causing global warming at a rate that is unsustainable”. The government has outlined a number of measures to cut the emission of greenhouse gases and halt global warming.

Stock Investing Course China is rapidly increasing its consumption of coal and oil to fuel an ever more electrified and mobile society. India is experiencing a similar energy surge for similar reasons, and like China, it hopes rapid growth will help to reduce widespread poverty.

Each country has targets to reach for reducing greenhouse gas emissions including 8% for European Union, 7% for U.S., and 6% for Japan. The agreement provides incentives for cutting pollution through a system of emissions trading. A country that emits less than its quota of greenhouse gases can sell emission credits to polluting nations. In addition, a country may receive credits through shared clean energy programs and carbon dioxide "sinks" in the form of forest or other ecosystems that remove carbon dioxide from the air.

Stock Market Game But if the United States, China and India are critical to meeting the threat of greenhouse gases, the question is: who goes first?

the relative to their 1990 emissions levels. The greenhouse gases covered by the Protocol are carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulfur hexafluoride. The aggregate target is based on the carbon dioxide equivalent of each of the greenhouse gases. For the three synthetic greenhouse gases, countries have the option of using 1995 as the base year.

Stock Investing Game The emissions restrictions called for in the pending climate treaty known as the Kyoto Protocol apply only to industrialized countries that ratify it.

"Scottish and Southern has announced plans to reward energy efficient customers. Through the scheme Scottish and Southern believe that the average household will be able to save 00 on their energy bills if they reduce their consumption of electricity and gas and invest in energy saving products. Any move to cut bills and greenhouse gases is welcome but we urge customers to look at all their options. Other providers offer similar incentive schemes and their tariffs may be cheaper.

Journal Prime Rate Street Wall There are provisions that could allow a rich country to gain credits for investing in emissions-reducing projects in poorer ones, but the rules remain mired in disputes over how to measure gains and what kinds of projects should qualify.

Not everyone supports the Kyoto Protocol. Both the U.S., a major greenhouse gas emitter, and Australia did not sign the Kyoto ratification. Both nations feel their economies would be disadvantaged by competing with developing nations who are not included in the Protocol. China, 2 greenhouse gasbag, along with the burgeoning economy of India are exempted from Kyoto Protocol requirements.

Stock Market News In the meantime, President Bush has rejected the Kyoto pact, objecting that it is costly and ignores China, India and other big developing nations.

Stock Investing Basics Nonetheless, many global warming experts say that history and logic require the United States to take the lead.

Stock Investing Software In almost all international environmental agreements in recent decades, the so-called developing world has essentially been allowed to sit out the first round or two.

Stock Market Trading Whether the goal has been curbing global warming, restoring the ozone layer or phasing out toxic organic chemicals, there has long been a broad consensus that the first steps should be taken by the industrial powers.

Stock Investing For Dummy The 1992 climate treaty, which underpins the pending Kyoto Protocol, explicitly speaks of "differentiated responsibilities" for advanced and advancing nations. After all, the logic goes, rich countries achieved their prosperity in part because they were unhampered by restrictions on the use of natural resources.

Stock Market Crash Still, the Bush administration remains opposed to any emissions restrictions, though it has been sending mixed signals of late.

Stock Investing Tip Last November, for example, during international treaty talks in India on the climate change issue, Paula J. Dobriansky, the under secretary of state for global affairs, said, "We do not see targets and timetables as realistic for developing countries."

Stock Market Chart But critics of Mr. Bush say that is not a sign of progress.

Online Stock Investing "Their messages at home and abroad are both calculated to discourage action," said Elliot Diringer, the director of international strategies for the Pew Center on Global Climate Change, a private group advocating emissions cuts.

Stock Market Crash Of "At home you say Kyoto is unfair because it doesn't include developing countries and in negotiations you say it's unfair to ask developing countries to take targets," he said. "The message is inconsistent but the strategy is consistent for more delay."

Stock Investing For Beginner By Andrew C. Revkin
New York Times - 10/26/2003

Topic: Climate Change

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