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Canada
to invest in green projects abroad to meet Kyoto obligations*
By Fiona Harvey in London
Canada's government said it would fulfil its obligation to reduce greenhouse
gas emissions under the Kyoto protocol on climate change by investing
in projects abroad that would reduce emissions, phasing out coal-fired
power plants, and quadrupling its target for wind energy.
The landmark agreement with the automotive industry to cut vehicle emissions
through fuel efficiency measures, announced last week, will also form
a key part of the country's strategy.
Setting out its full plan for honouring the Kyoto protocol yesterday,
the Canadian government admitted that it would have to purchase emissions
"credits" from developing nations, by investing in such projects
as renewable energy that poorer countries would otherwise be unable to
afford. The protocol allows such offsetting as a way of reducing emissions
worldwide.
Ottawa will
also encourage work on technologies that redttc^ emissions, such as the
capture and storage of carbon dioxide and wind power, and "clean
coal" tech-nology. It also said it would institute a green procurement
policy for the public sector, and would urge consumers to lower their
emissions by using less energy.
Canada could soon be facing a general election if the minority Liberal
government is brought down by a no-confidence motion in parliament. This
could bring to power the Conservatives, who oppose the Kyoto treaty.
The United Nations-bro-kered Kyoto protocol came into force on February
16, after Russia finally ratified the treaty late last year.
Kyoto demands
that developed countries cut their greenhouse gas emissions by varying
amounts relative to 1990 levels by 2012. The US and Australia, alone among
developed nations, have rejected the treaty.
Last week, carmakers operating in Canada agreed to reduce their vehicles'
greenhouse gas emissions by about 6 per cent by 2010. Though the deal
was voluntary, the government warned that it would monitor progress and
remained "ready with legislative and regulatory action as
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