- Developed nations are the only signatory of this treaty. China, India and other developing nations were exempt from this.
- George Bush came into the office and reneged US involvement with Kyoto on some ludicrous grounds. According to him global warming is not related to carbon dioxide levels in the atmosphere. US is the biggest consumer of fossil fuels btw.
- A valid point that Bush made was about developing countries not being a signatory to Kyoto. Either way, the pillaging of earth continues.
- Earth's temperature is rising primarily because of three reasons
- Greenhouse effects caused by carbon dioxide in the atmosphere
- Increased deforestation
- Increased urbanisation
- One cool fact. Between 1930s and 1970s, Earth actually cooled down which renders some validity to Bush's arguement.
- Ray Lane: Carbon Credits Exchange
- The Indian Express: Global Carbon Credits Exchange Market Downswings
