1. This voluntary approach to emissions reduction would likely be more effective than the voluntarism urged here. 2. The US administration once again showed itself reluctant to consider proposals for setting firm targets for emission reductions or Third-World aid. 3. At the insistence of the USA, the Convention stopped short of setting a binding target date for emission reductions. 4. This advocacy, he said, has been seen by many countries as tainted with a political desire for delay in agreeing further emission reductions. 5. And only then, consequently, would energy prices have to increase to reflect the costs of mandatory emission reductions. 6. Any targets and timetables for emission reduction, he says, should be realistic and achievable. 7. At the same time, he said, many businesses have abandoned a posture of hard opposition to emissions reduction in favor of being actively constructive. 8. Both Richels and Cline argue that the long-term view should prevail, and this raises perplexing issues as to the timing of emissions reductions. 9. -- Begin emissions reductions through research and development, tax incentives, incentives for early action and industry consultation. 10. Bush criticized the protocol for threatening the US economy and for not requiring emission reductions from developing countries like China. |