July 1998

Trends and Resources

HP Impact: HPImpact: Unique equation rates OECD's ability to meet Kyoto targets

The proposed Kyoto Protocol establishes aggressive targets and timetables for limiting greenhouse gas emissions for developed countries. The American Petroleum Institute has recently compiled a compre..

Weirauch, Wendy, Hydrocarbon Processing Staff

The proposed Kyoto Protocol establishes aggressive targets and timetables for limiting greenhouse gas emissions for developed countries. The American Petroleum Institute has recently compiled a comprehensive study, Implications of the Kyoto Protocol Targets for OECD Countries. A summary of the report's findings: For the U.S. to meet its target allowance of 1,281 million metric tons (MMton) in 2010, its emissions must be reduced by 566 MMton. This is a reduction of 31% from the U.S. government's business-as-usual baseline forecast of 1,847 MMton in 2010. In comparison, the 15-member nations of the European Union need to reduce their emissions by 163 MMton to reach a target t

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