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Friday, November 9, 2012

Australia's support for the second commitment period of the Kyoto Protocol


UN climate conference held in Doha will be available by the end of November this year, will discuss issues related to the second commitment period of the Kyoto Protocol. In this regard, the Australian Climate Change and Energy Efficiency Minister Greg Combet said Australia's support for the second commitment period of the Kyoto Protocol.

Mr Combet said that if no action is taken to reduce greenhouse gas emissions, the Australian economy is facing a "severe shock" in 2020. He also said that the signing of the Kyoto Protocol second commitment period does not increase the burden on enterprises in Australia due to the policy of the Government to implement a carbon tax, on the contrary, it is more convenient to enter the international carbon emissions trading market will enable Australian businesses.

The Kyoto Protocol is a legally binding international emissions reduction agreement, which is nearly 40 developed countries and the European Union to set up a mandatory greenhouse gas reduction targets. In December 2011, the UN climate conference held in Durban, South Africa, through a resolution, decided in 2013 to start the implementation of the second commitment period of the Kyoto Protocol, to avoid "after the end of the first commitment period of the Kyoto Protocol appear empty when.

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