Those oil sands must be a bigger draw than committing to anti-global warming measures, and who can blame Canada for that decision? Ottawa would have faced huge fines for failing to keep its emissions levels within the regulations of the Kyoto agreement, which Canada signed in 1997. The BBC has the news:
Canada will formally withdraw from the Kyoto Protocol on climate change, the minister of the environment has said.Peter Kent said the protocol “does not represent a way forward for Canada” and the country would face crippling fines for failing to meet its targets.The move, which is legal and was expected, makes it the first nation to pull out of the global treaty…He said meeting Canada’s obligations under Kyoto would cost $13.6bn (10.3bn euros; £8.7bn): “That’s $1,600 from every Canadian family – that’s the Kyoto cost to Canadians, that was the legacy of an incompetent Liberal government”.
If the US by some miracle had accepted the Kyoto Protocol, we too would be looking for an exit today. Thankfully, a unanimous vote of the Senate, the most inspiring show of bipartisanship in recent American history, kept the US out of this mess.