W-FEB - canada quits kyoto

 America’s largest trading partner has become the first country to bail on the Kyoto Protocol before the nearly $7 billion in non-compliance costs comes due next year.

• Having committed to reducing 1990 level carbon emissions by 6%, Canada somehow managed to go in the other direction by 33%.
• Canada agreed under the Kyoto Protocol to reduce CO2 emissions to 6.0 percent below 1990 levels by 2012.

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