Mr. Speaker, the Kyoto agreement will come into effect when developed countries whose combined emissions equal 55% of the total emissions ratify it. The countries of the European Union have already ratified, and Japan too.
Canada should drop the idea of seeking credits for clean energy exports and ratify Kyoto. Its signature could be enough to put Kyoto into effect. Waiting for developing countries to join is unrealistic. They have made it clear they have no intention of acting now. Instead, creating opportunities for improved energy efficiency, energy innovation and economic incentives in developing countries is the better approach.
By ratifying, Canada would give badly needed leadership in North America and assume its share of responsibility for the security of the global community.