Kyoto, for Canada, is in the past

Canada to withdraw from Kyoto Protocol Canada will formally withdraw from the Kyoto Protocol on climate change, the minister of the environment has said.

Peter Kent said the protocol "does not represent a way forward for Canada" and the country would face crippling fines for failing to meet its targets.

The move, which is legal and was expected, makes it the first nation to pull out of the global treaty.

The protocol, initially adopted in Kyoto, Japan, in 1997, is aimed at fighting global warming.

"Kyoto, for Canada, is in the past, and as such we are invoking our legal right to withdraw from Kyoto," Mr Kent said in Toronto.

He said he would be formally advising the United Nations of his country's intention to pull out.

'Impediment'

He said meeting Canada's obligations under Kyoto would cost $13.6bn (10.3bn euros; £8.7bn): "That's $1,600 from every Canadian family - that's the Kyoto cost to Canadians, that was the legacy of an incompetent Liberal government".
He said that despite this cost, greenhouse emissions would continue to rise as two of the world's largest polluters - the US and China - were not covered by the Kyoto agreement.

"We believe that a new agreement that will allow us to generate jobs and economic growth represents the way forward," he said.

Beijing criticised Canada's decision. Chinese foreign ministry spokesman Liu Weimin said it went "against the efforts of the international community and is regrettable"
To read hole article click link