II.   WHAT’S THE HOLD UP?

 

SECTION 1
The Big Picture

SECTION 2
What's The Hold Up?

SECTION 3
Perspectives of the Developing World

SECTION 4
Strategies To Engage Countries

SECTION 5
Choices: Corporate or "To Each Her Own"

 




 

Progress has slowed because of a North-South split has which has developed over the respective roles of developed ("North") and developing ("South") countries in reducing GHG emissions.  Many developed countries are hesitant to ratify the Kyoto Protocol because it includes binding commitments only for the developed world.  The measures needed to be taken to comply with Kyoto would be expensive and it is feared that industry in these countries would be economically disadvantaged and that investment in these countries would "move South." 

Further, it is feared that the decrease in emissions made by the North would be undone completely by the South as they advance toward development. It is estimated that energy consumption worldwide will grow 75% between 1995 and 2020.  While the developed countries represent two-thirds of present global emissions, the developing nations are expected to become the major emitters of GHGs.  China, for example, is scheduled to surpass the United States as the number one emitter of GHGs by 2010.12 

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