Posted by Juan Non-Volokh:
Kyoto Comes into Force:

   Yesterday the [1]Kyoto Protocol to the United Nations Framework
   Convention on Climate Change -- aka the UN global warming treaty --
   [2]came into effect. This became a done deal after Russia agreed to
   ratify the agreement. By its terms, Kyoto enters into force on the
   90th day after at least 55 countries representing at least 55 percent
   of global carbon dioxide emissions in 1990 ratify the agreement.
   Contrary to some claims, [3]the U.S. never "withdrew" from Kyoto the
   way it withdrew from the International Criminal Court. The U.S.
   remains a party. Nonetheless, this nation is not bound by its terms
   because the U.S. has not ratified it. Most other developed nations
   have ratified Kyoto, however, and are bound by its terms -- at least
   in theory. Many of Kyoto's signatories in Europe are well behind their
   emission reduction goals, and developing nations are not required to
   reduce their emissions at all. As Julian Ku [4]notes at [5]Opinio
   Juris, many Kyoto signatories are heading in the "wrong direction."
   The Bush Administration has been the subject of substantial
   [6]criticism for refusing to endorse Kyoto. But is this criticism
   warranted? The Clinton Administration signed the treaty, but never
   submitted it to the Senate for ratification. The Senate passed the
   [7]Byrd-Hagel Resolution 95-0, unanimously rejecting the substance of
   the agreement. Even some who believe global warming is a pressing
   policy concern doubt Kyoto represents a responsible strategy to
   address climate change concerns. The underlying assumption of much
   anti-Bush Kyoto commentary is that the Bush Administration is doing
   nothing on the issue. Even if one sets aside the tens of millions
   [8]the administration has spent on climate-related research and
   technology R&D on the assumption that such federal projects rarely
   bear fruit, the charge that the Administration is sitting on its hands
   rings hollow. As Gregg Easterbrook [9]notes in The New Republic, the
   Administration's "[10]Methane to Markets" initiative represents a
   substantial step toward reducing greenhouse gas emissions. (For
   non-TNR-subscribers, Julian Ku summarizes the article [11]here.) While
   few have noticed this program, it could do as much to reduce the
   threat of global warming as Kyoto as methane is a more potent
   greenhouse gas than CO2. Despite its promise, I would not expect too
   many environmental activists to cheer "methane to markets. First, as
   we have seen in other contexts (see [12]here and [13]here), the major
   environmental groups are loathe to give a conservative Republican
   administration much credit for any environmental initiatives. Second,
   although "Methane to Markets" could bear fruit, it does not require
   stringent regulations of coal-fired power plants, limitations on
   fossil fuels, or controls on SUVs. Third, as Ku suggests, there is
   often a preference for grand international agreements (like Kyoto)
   over less-formal -- but not necessarily less-effective -- agreements
   like "Methane to Markets." It will be interesting to see whether this
   agreement is a one-shot deal, or a harbringer of more to come.

References

   1. http://unfccc.int/resource/docs/convkp/kpeng.html
   2. http://www.washingtonpost.com/wp-dyn/articles/A27318-2005Feb15.html
   3. http://commonsblog.org/archives/000334.php
   4. http://lawofnations.blogspot.com/2005/02/kyoto-experiment-begins.html
   5. http://lawofnations.blogspot.com/
   6. http://www.washingtonpost.com/wp-dyn/articles/A9444-2005Feb8.html
   7. http://www.nationalcenter.org/KyotoSenate.html
   8. http://www.whitehouse.gov/news/releases/2002/02/climatechange.html
   9. http://www.tnr.com/doc.mhtml?i=w050214&s=easterbrook021405
  10. http://www.epa.gov/methanetomarkets/basicinfo.htm
  11. 
http://lawofnations.blogspot.com/2005/02/bush-plan-could-reduce-global-warming.html
  12. http://www.washingtonmonthly.com/features/2004/0412.whitman.html
  13. http://commonsblog.org/archives/000287.php

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