How Kyoto Protocol is Transforming The Energy Business World-wide

The Kyoto Protocol is transforming the energy business across the world -- some areas will profit while others miss out.

1 minute read

December 21, 2005, 12:00 PM PST

By Irvin Dawid


"In Germany, the world's leading solar energy market, farmers are replacing crops with fields of solar panels, thanks to a government buyback program for renewable energy that spurred 150% growth in solar installations in 2004."

"A world leader in renewable energy less than a decade ago, the United States is now viewed as a laggard. At the United Nations Climate Change Conference in Montreal this month, Canadian Prime Minister Paul Martin accused the U.S. of lacking a "global conscience" for refusing to sign the Kyoto treaty, which requires developed countries to slash their greenhouse gas emissions below 1990 levels by 2012."

"(Bush spokesman Stevens) said the best way to address that concern was by developing cleaner, more environmentally friendly forms of fossil-fuel-generated energy and nuclear power."

Thanks to Emily Hopkins

Monday, December 19, 2005 in The Los Angeles Times

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