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Canada Pulls Out of Kyoto Protocol

DONE, EH?

Saves $14B in fines for climate-change treaty.

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Saul Loeb, AFP / Getty Images

Canada is leading the way—out of the Kyoto Protocol. The nation is using its legal right to withdraw from the 1997 treaty to end global warming. At the time, Canada’s Liberal government accepted the protocol, but the Conservatives have never used it. Last year, the nation—along with Russia and Japan—said it would not accept new details of the agreement. On Sunday, climate talks in South Africa led to 200 countries striking a deal that will pave the way for a new treaty to replace the Kyoto Protocol in 2015. Canada saves what would be $14 billion in fines for not meeting the regulations of the pact.

Read it at Reuters

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