Russian parliament moves closer to ratifying Kyoto
The Russian parliament's international affair's committee recommended Thursday that the full chamber ratify the Kyoto treaty in an October 22 hearing, moving the UN's global warming pact a step closer to implementation, Interfax reported.
Ratification in the State Duma lower house of parliament is all but assured as the main pro-Kremlin party holds a two-thirds majority.
Russian ratification will mean that the UN global warming pact will be able to make the jump from a draft 1997 agreement into a working international treaty.
The Russian cabinet decided to approve the treaty, after Moscow spent years hedging its bets, weighing its own economic policies against the broader diplomatic benefits of allying itself closer to Washington, which categorically opposes the pact, or Europe, the protocol's biggest fan.
Russia can make a short-term profit by ratifying the protocol since it will be able to sell some of its quotas for "greenhouse" gas emissions to other industrialized signatories.All rights reserved. © 2005 Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.