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Politics : PRESIDENT GEORGE W. BUSH
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To: ColtonGang who wrote (163261)7/22/2001 5:22:31 AM
From: ColtonGang  Read Replies (1) of 769667
 
Since President Bush announced in March that he was withdrawing from the pact because it was "fatally flawed" and would cost too much, other states--in particular the 15-nation European Union--have pressed on to turn the agreement signed by more than 80 countries into a legally binding treaty.

The protocol, which was reached in Japan and sets strict limits on emissions of carbon dioxide and other gases blamed for global warming, will take effect next year if at least 55 countries accountable for 55% or more of developed nations' emissions ratify it.

Although agreement on all key issues is expected here by Monday, those drafting the treaty will have one final chance for tinkering with it at the next session of the climate convention in Marrakech, Morocco, in October.
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