Canada’s Idea of a Christmas Present: Backing Out of the Kyoto Protocol

~Graham Reeder Recent information from CTV (a Canadian news agency) is showing that Canada is planning to formally back out of the Kyoto Protocol. Canada, along with Japan and Russia have been saying for a year that they do not want to make any new commitments to the Kyoto Protocol (KP) after this year, but backing out altogether places Canada in the same position as the US. This is part of a...

(The Lack of) High Hopes for Durban

by Samuli Sinisalo On Monday the United Nations Framework Convention on Climate Change convenes for two weeks in Durban, South Africa. This is the 17th annual Conference of Parties, where parties come together to fulfill the framework convention. As the negotiations grow ever more technical and complex, it is good to keep in mind that the ultimate goal of the convetion is to stabilize the green...

“Money doesn’t talk, it swears”

On the promise of the Green Climate Fund by Nathan Thanki Under the UNFCCC, expectations that the international community has regarding climate finance are clear. Article 4, paragraph 3 states that developed countries “shall provide new and additional financial resources to meet the agreed full costs incurred by developing country Parties in complying with their obligations,” and that there...

Carbon Markets

by Joe Perullo Lately, the phrase Carbon Markets is what comes to me when I hear the word “controversial.”  Much of the literature I have read on them mentions how the markets are "a horrible distraction from real emission mitigation strategies" and how they "redefine the problem to fit the assumptions of neoliberal economics."  I wouldn’t say I disagree with these statements, but...