Coyote Blog

Silflay Hraka has a nice post on Kyoto and Global warming.  I expressed many of the same thoughts here and here, though Hraka is much more concise and eloquent about it.  However, I missed this bit on Russia:

Europe as a whole may be able to meet its goals thanks to huge potential market in emissions trading brought about by the unprecedented collapse of heavy industry in the former nations of the Warsaw Pact and Soviet Union--graphically portrayed in this pdf from the Guardian--but actual levels of European CO2 output will not fall at all.

That's one reason it was so important for the EU for Russia to ratify Kyoto. Ratification of Kyoto allows that nation to enter into the emissions market, where the EU desperately needs it.

This makes a lot of sense.  I explained here how the Kyoto protocols, and particularly the 1990 date, were carefully structured to slam the US and make meeting targets relatively easy for Europe.  In short, 1990 was the beginning of a massive economic expansion for the US and a decade-long slump for Japan and Europe.  In addition, 1990 marked the date of German reunification and the fall of the Soviet Union -- since this time, thousands of horribly inefficient pollution-producing Soviet industries have shut down, giving Europe a huge reduction credit with no work.  Switch-over from coal to North Seas oil and gas has done the same for Britain.