Canada to withdraw from Kyoto Protocol

BBC : Canada announced that it will formally withdraw from the Kyoto Protocol. Peter Kent, the country’s minister of the environment, said that meeting Canada’s obligations under Kyoto would cost $13.6 billion. He added that greenhouse emissions would continue to rise globally regardless of Canada’s actions because the US and China aren’t covered by the agreement. He described the agreement just reached in Durban, South Africa, in more positive terms, saying it represents “the way forward” for international cooperation on climate change. The Durban agreement states that talks on a new and legally binding agreement covering all countries will begin in 2012 and end by 2015.