I think he's attempting to be good-natured about it, so I'm not really bothered much at this time. I'll carry on.
When you look at Bill C-288, some things Bill C-377 should be doing are the kinds of things we see our government doing—the things it has projected ahead in Bill C-288 and the costing for them. The purpose of Bill C-288 is to examine the economic implications. We don't have any proper costing in Bill C-377 as it stands, and that's the difference. We have something of a costing document here in Bill C-288, looking at the economic implications of it. My colleague Mr. Warawa, right at the top of the meeting here, wants this to be properly costed. It's the big rub here; it's the big problem with the bill before us now. That was done in Bill C-288. We don't find that in Bill C-377. But if we could get something like that with its thoroughness, it is the kind of thing necessary as a prelude to moving or making any kind of progress on any bills before this committee.
The objective of the act requiring us to meet our Kyoto obligations over our commitment period from 2008-12 is real and creditable. In December 1997, Canada and 160 other countries that are members of the United Nations Framework Convention on Climate Change met in Kyoto to conclude a protocol on the convention to limit emissions of greenhouse gases, or GHGs. The resulting agreement, as regular members of this committee know.... Mr. Pearson doesn't sit here regularly, but I think he follows these issues or attempts to keep on top of them as well. The Kyoto Protocol entered into force on February 16, 2005. It was signed by Canada on April 29, 1998, and ratified in 2002.
Under the terms of that Kyoto Protocol, 38 industrialized countries, known as annex 1 countries, committed to cutting their emissions of greenhouse gases, between 2008-12, to levels that were at least 5% below 1990 levels.
In terms of individual country targets, Canada is required to reduce emissions to a level 6% below 1990 levels by 2008-12. As a group, the European Union has a target of 8% reduction from its 1990 levels. The United States, which did not ratify the protocol, had a target of 7% reduction from the 1990 levels, while several other countries, one of them being Australia, which also did not ratify, was permitted to let its emissions continue to grow above 1990 levels, but at a reduced rate of growth.
China and India—and we've made much of that in this committee—two of the largest and fastest-growing economies in the world, both ratified the Kyoto Protocol. They're not required to reduce their emissions under that current agreement.
So that's the global context.
The science underlying climate change tells us that there are human-caused emissions in GHGs. I think that's what members around this table like Mr. Cullen want to get at. I think the good intent of all the members is to get at this issue and do what we can about human-caused emissions of GHGs, resulting primarily from the combustion of fossil fuels for energy. That's a significant driver or escalator of global warming.
Global energy use trends are therefore at the centre of the issue of climate change and are tied to global economic growth projections. In fact, according to world energy outlook 2006 of the International Energy Agency, world energy demand will increase by 53%—and this is important—from 2004 levels by 2030, with 70% of the increase coming from these developing countries. Similar energy and emissions growth projections are made in the IEO 2006 by the energy information administration.
There are charts of that kind of stuff that we can provide for the committee if they so wish.
According to the EIA, fossil fuels remain the dominant source of world energy, accounting for about 83%.