Abstract
The Kyoto Protocol is an important and necessary step toward protecting the global environment. However, analysis reveals problems that could hamper the effectiveness of this treaty. Technical deficiencies, ambiguities, and inconsistencies exist in the legal text. In addition, from the Canadian perspective, an inequitable distribution of the costs of environmental enhancement may occur despite design efforts that attempted to achieve fairness and equitable treatment for participating nations through the international emission trading program. Solutions for these concerns are proposed, including the auctioning of emission rights.
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