Ottawa's plan to ratify Kyoto Protocol tops Canadian independents' concerns

A pledge by Ottawa to ratify the Kyoto Protocol on Climate Change by yearend is the No. 1 issue facing Canadian independents.Other concerns include rising costs for finding and development and for production and problems of land access.Kyoto threatCanadian oil industry executives say the Liberal government of Prime Minister Jean Chretien is moving to ratify the Kyoto Protocol with no clear plan for implementation or analysis of the economic consequences. Chretien announced at an international conference in Johannesburg in September that Canada will ratify Kyoto before yearend (OGJ Online, Sept. 19, 2002). The protocol calls for Canada to reduce emissions by 6% below 1990 levels by 2012. T...

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