Advantages and Disadvantages of the Kyoto Protocol and the Canadas Participation In This International Agreement – Term Paper Example

Kyoto Protocol Kyoto protocol Introduction It is an international contract linked to the United Nations Framework conference on climate transformation. It commits its parties by situating internationally obligatory emission decrease targets. This protocol was placed due to high level of Greenhouse gas (GHC) release in the atmosphere mainly from industrial actions. The protocol positioned a heavier burden on development nations under the principle of ordinary but differentiated tasks. This protocol was established in Kyoto, Japan, on 11 December 1997 and involved into force on 16 February 2005. According to the United Nations Framework Convention on Climate Change (UNFCCC), the comprehensive rules for the application of the protocol were approved in Marrakesh city, Morocco, in 2001 (UNFCCC, 1997).
The protocol had its methods in that; countries must meet up their target first and foremost through national measure. It also presented them an additional means to meet their aim by the way of three marked based means. This include: international release trading, clean progress mechanism and join achievements.
Strengths of the Kyoto protocol
This mechanism helps to motivate green investment and help parties meet their release target in a cost-effective way. The protocol also monitors the emission aim. This is normally done by: Registry systems pathway and record transaction, parties under mechanism, and a secretariat who keeps an international operation log to verify that connections are consistent with the rule of the protocols (York, 2007).
The parties should also deliver a report which is done by parties submitting annual emission inventories and account under the protocol at regular level and finally a compliance system which ensures that the members are meeting their commitments. This helps them to meet their commitments if they had problems (UNFCCC, 1997).
Among the Kyoto protocol’s potency is its addition of provision for market-based approach intended to lower the cost of the worldwide climate system: discharge trading amongst the countries that take target under the protocol; joining the completion which allows for project-live trade among the nations; and clean progress mechanism, which offer for the use of project-level release offsets created in non developing nations to help gather for the compliance duty of firm in developing countries (UNFCCC, 1997).
Palombi, L. (2011) argues that the Kyoto protocol also provides flexibility for countries to gather for their national emissions goal in any way they want. By recognizing domestic power, it provides flexibility at the countrywide level. It also has the look of fairness in that, it focuses on the rich countries and those accountable for the greater part of the current stock of anthropogenic Green House Gases in the environment.
Weaknesses
Apart from the potency, it has also some weakness. First, some of the world’s principal emitters are not constrained, for example, the United State of America which has the major share of global release. This has not ratified and is improbable to ratify the accord. Also, some of the largest, most fast rising economies globally do not take on target. These countries include, Brazil, South Africa, South Korea, Mexico, among others. It is difficult for the state to attain the often discussed climate target of stabilizing atmosphere (York, 2007)
A second weakness is the comparatively small number of nations which have decided to take action. This attack will drive up the cost of producing carbon-intensive goods and services within the union of countries taking action. Through the forces of global trade, this approach results in greater comparative benefit in the manufacture of carbon-intensive goods and services for states that lack binding emission targets, thus irregular production and release from participating nation to non participating nations.( Palombi, 2011)
Canada signing the protocol
Canada was dynamic in the negotiation that resulted to the Kyoto protocol dated back in 1997, and the open-minded government that certified the accord in 1997 also ratifies it in assembly in 2002. Since the Canada’s Kyoto aim was 6% and were incapable of control, it increased to 21%. The government of Canada then decided to sign the protocol signifying their withdrawal. This was because they were unable to control the rate of emission. I agree with the decision of Canada in that, the protocol has avoided to include the most world’s largest emitter of gases like USA and china. (Palombi, 2011)
The development of new post- 2012 agreement will have the following changes: The government in general will have a big task to manage the emission of the gases. These will result to easy exposure to the air-bone diseases and also undermining of the national economy. The government will also invest more money to the new agreement, hence resulting to wastage of funds (York, 2007)
Conclusion
In summary, Kyoto protocol is viewed as a significant step towards a truly worldwide emission-reduction government that will establish greenhouse gas release and can provide the style for future global agreement on weather change.

Preferences
Palombi, L. (2011). Canadas Kyoto Woes. Biofuels and Bio-Based Carbon Mitigation. Retrieved January 9 .
UNFCCC. (1997). kyoto protocol. United Nations Framework Convention on Climate Change .
York, G. (2007). The Globe and Mail. Isolated Canada grudgingly accepts Bali deal .