Kyoto Update

Kyoto Update

While I did a piece on global warming and Kyoto just last June

14, with the recent developments in Genoa and Bonn, the issue

deserves further clarification.

The Kyoto Accords of 1997 set a goal of reducing greenhouse

emissions by an average of 5.2% from 1990 levels by the year

2010. Under Kyoto, the U.S. would have had to cut by 7%

below 1990 levels, Japan 6%, the EU 8%, and Australia would

be allowed an actual increase of 8%. Then you had nations like

Russia that would have been allowed to maintain at 1990 levels

without penalty, while developing nations like Brazil, China, and

India were not covered, because it was felt that the developing

world needed the chance to grow its economies without having

to worry about emissions restrictions. It was this last point that

caused the U.S. to back off. It was bad enough the U.S. saw its

own benchmark as being unreasonable, it was doubly bad that

China, belching away, didn”t have to meet any standards. The

Clinton administration knew Kyoto was flawed and you”ll recall

that the U.S. Senate voted 95-0 to reject it as being unfair to our

interests.

The problem was that when Bush became president, after

campaigning as a leader who would be humble, he slammed the

treaty back into everyone”s face. Say what you will about

Kyoto, but mostly good people worked hard in getting to the

point they had and it just came off incredibly poor when Bush

decided to tell the world in no uncertain terms that they were all

full of it. Folks I normally agree with, like the editorial board of

the Wall Street Journal, say, well, at least Bush was finally

honest. Yeah, but I”m one who feels diplomacy matters these

days and all he had to do was say we disagree with Kyoto, but

let”s continue to talk things out.

So what happened was that a few days after the disastrous, and

unproductive, Genoa G-8 summit (save for the Bush / Putin

discussions), representatives from around the world got together

in Bonn to try and salvage the framework of Kyoto. They were

barely successful, but while the U.S. had its representative there,

we refused to go along with the protocol. Now even the

participants and supporters know the global warming pact is

flawed, but it is a starting point for ongoing negotiations. You

can argue about the science of climate change until you”re blue

in the face, but some kind of world action on greenhouse gases is

inevitable, and the opinion of this editor is, better to be part of

the solution, than sit outside and let the world gang up on you.

And gang up they will, believe me. Corporations are well aware

of this as well. Companies like Dupont, Royal Dutch / Shell, BP,

and Alcoa all want the U.S. to enter into some form of

greenhouse gas compact. They have concluded (correctly, I

believe) that some kind of limits are inevitable and the

corporations have to be able to plan long-term on items such as

capital equipment.

Not all are for a change of heart within the Bush administration on

this issue. The coal industry, for example, doesn”t want industry

to have to be locked into having to replace ancient coal-fired

plants (the major culprits of greenhouse emissions), and they

don”t want to absorb the costs of modernization…at least on

nothing but their own schedule.

So we have a situation where 178 countries have signed onto a

pact without the U.S., and American businesses are wondering if

they”d be better off participating than being on the sidelines.

But there are far more issues. The major complaint against the

U.S., of course, is the fact that while the U.S. makes up 4% of

the world”s population, it also is responsible for 25% of the

planet”s greenhouse gas. True, Washington would say, but if

your economy is growing at the rate ours has the past decade or

so, and if you have the most developed society, then clearly

you”ll emit the most carbon dioxide. And as I mentioned before,

how can you leave out the developing countries in this whole

equation? For example, it doesn”t take a rocket scientist to figure

out that if the U.S. has about 800 cars per 1,000 inhabitants, and

China has only 8 per 1,000, China will eventually catch up and

its emissions would explode. Why not count them? And when

you work with the numbers, what you find is that by 2010, the

actual reduction in emissions is minimal, due to the rising

consumption of the developing world. Reductions one place are

offset by increases elsewhere.

And there is the issue of Europe. They claim to be doing a great

job already in reducing emissions, but it is oh so deceiving. Yes,

on one hand they are, because the incredibly inefficient, belching

factories of East Germany have been mostly shut down, so when you

match the numbers up with the target year of 1990, that”s why the

European community can make the claim they are already doing

their part. But consider that between 1990 and 2010 the

population in the U.S. is expected to grow 20% (but we are being

asked to cut offending gases by 7% from 1990 levels), while

thanks to Europe”s lack of babies, its population may only

increase by 6%. Obviously, if your population is growing by

20% it is almost impossible to have a gross cut in greenhouse

gases.

The compromise in Bonn, however, was full of holes, and therein

lies a way for the U.S. to reenter the discussions, in my opinion.

The “Umbrella Group,” led by Australia, Canada, and Japan

was able to include provisions for the retention of an

unregulated market for the buying and selling of emissions

credits, allowances for offsetting national targets through forest

sinks and shelving the notion of legally binding sanctions for

non-compliance; the feeling being the world community will put

enough pressure on offenders of the targets to force change.

I don”t see why the U.S. can”t use some of these issues to reenter

the fray. President Bush has committed to an alternative plan

and, for its part, the EPA said they would issue recommendations

by mid-August on how to reduce releases of some types of

greenhouse gases. What worries me is that by continuing to stick

our tongue out at the rest of the world, we are only fueling anti-

Americanism, which these days can easily lead to a boycott of

American products. And that means a loss of jobs. It”s the

economy, stupid. We can work this out, over time. But we need

to participate and I virtually guarantee the Bush administration

will soon see the light.

*One last thought on the animal front. As I have partially joked

in “Week in Review,” farm animals are perhaps the biggest

offenders in the emission of greenhouse gases. It is serious.

And when was the last time you looked up the definition of carbon

dioxide.

“Colorless, odorless gas that occurs in the atmosphere and as a

product of the combustion of fossil fuels and respiration in plants

and animals.”

Respiration: “The physical and chemical processes (as breathing

and oxidation) by which a living thing obtains oxygen and

eliminates waste gases (as carbon dioxide).”

There you have it. It”s time to blame the animals.

Next week, Social Security.

Sources:

Kevin Whitelaw / U.S. News

John Fialka / Wall Street Journal

Mark Henderson / London Times

Associated Press

William Drozdiak / Washington Post

Andrew Revkin / New York Times

Robert Samuelson / Washington Post

Brian Trumbore