Statistics from the International Energy Agency show that global emissions of carbon dioxide from fuel combustion keep on growing between 1996 and 1997 by a full percentage point. These statistics are daunting. But they can be changed. My aim today is to suggest how.
Progress is needed in each area.
The Kyoto Mechanisms are innovative. Wisely applied, they can reduce emissions, lower energy costs, promote sustainable development and transfer technology all in one package. But they remain mired in controversy. Some find them hopelessly complex. Others feel they are dangerously lax.