Post-Kyoto Schedule isn't agreed upon

Wealthy countries' governments failed to response to ever-growing disturbing news coming from scientists all around the globe concerning the prediction of climate changes. In dying hours of United Nations Climate Conference which took place in Nairobi from 6-17 November of 2006, final agreement about uttermost term until which new goals for reducing the greenhouse gases emission and after which Kyoto protocol wouldn't be legally binding wasn't realized. Since Kyoto protocol defines limitations of gasses emissions only to 2012, it's very likely that until then there won't be any new legal regulations concerning that matter and in the absence of legally binding regulations each country could emit amount of gas that strictly depends on her will.

Despite disagreement concerning the dead-line to set new goals, country delegates agreed at least to start scientific evaluation of new technology for capturing and burying carbon dioxide which power plants exhale. Great Britain and Norway have already started to explore possibility of burying liquefied gases into old oil wells in the North Sea.

Having in mind that large resources are in stake it's natural that every state looks its own interests. Minister of the Saudi Arabia Ali Ibrahim Naimi says and I quote: "Techniques of capturing carbon and laying it in store will decrease the need for international expenditures concerning the renewable energy sources, since that technology will leave the open door to more cleaner and ecological use of oil". UN chief representative for climate has rather different point of view and sends his warnings to the fact that is impossible to predict just how long will the carbon be captured and he's asking the question: "Who'll be responsible if carbon somehow escapes from this warehouses?"

Source of information’s: http://www.newscientist.com/