{
    "success": true,
    "data": {
        "id": 1503368,
        "msgid": "kyoto-what-to-expect-1447893297",
        "date": "2004-07-01 00:00:00",
        "title": "Kyoto: What to expect",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Kyoto: What to expect By ratifying the international regime known as the Kyoto Protocol, Indonesia took on Monday a small but nevertheless meaningful step toward meeting its responsibilities with regard to preserving the earth's environment.",
        "content": "<p>Kyoto: What to expect<\/p>\n<p>By ratifying the international regime known as the Kyoto<br>\nProtocol, Indonesia took on Monday a small but nevertheless<br>\nmeaningful step toward meeting its responsibilities with regard<br>\nto preserving the earth's environment.<\/p>\n<p>In addition, the country is certain to gain a number of direct<br>\nbenefits under the protocol's Clean Development Mechanism, which<br>\nmakes it possible for industrialized countries to invest in<br>\nenvironmentally clean development projects in developing<br>\ncountries and receive credit for the greenhouse gas reductions<br>\nthus achieved. This allows developing countries to keep their<br>\ngreenhouse gas emissions low, even as they continue to develop<br>\ntheir energy sectors and expand their economies.<\/p>\n<p>Amoseas Indonesia Inc., for example, a subsidiary of U.S.-<br>\nbased energy giant Chevron Texaco, is reported to have already<br>\napplied for \"emission credits\" provided for by the protocol to<br>\nfinance a US$100 million geothermal plant expansion project in<br>\nWest Java. With only a small percentage of the country's<br>\npotential -- the equivalent of about 20,000 megawatts of<br>\nelectricity -- so far tapped, the possibilities that the<br>\nprovision offers for the future are obviously huge.<\/p>\n<p>The Kyoto Protocol, a direct progeny of the United Nations<br>\nFramework Convention on Climate Change that 154 nations signed in<br>\nRio de Janeiro in 1992, aims, in essence, to strike a balance<br>\nbetween the accelerating pace of development in the world and<br>\ngrowing concern about climate change caused by global warming.<br>\nMany scientists predict that global temperatures will increase by<br>\n1.5 degrees to 4.5 decrees Celsius by 2100 unless immediate steps<br>\nare taken to gradually but substantially reduce the emission of<br>\nwhat is known as greenhouse gases (GHGs) into the atmosphere.<\/p>\n<p>Obviously, such drastic changes in the earth's climate could<br>\nhave serious consequences for life in most, if not all, the<br>\ncountries of the world. This, however, is especially true for<br>\narchipelagic countries such as Indonesia, which could well see<br>\nits borders altered if islands on its perimeter were to be<br>\ninundated by rising sea levels. Indonesia, therefore, has a clear<br>\nand direct interest in seeing to it that global warming is kept<br>\nto a minimum, if for no other reason than to keep its national<br>\nterritory intact.<\/p>\n<p>The Kyoto Protocol aims to reduce the emission of those gases<br>\nfrom developed industrialized countries by about 5 percent from<br>\ntheir 1990 levels, by 2008 to 2012. Developing countries such as<br>\nIndonesia, however, are under no obligation to reduce their<br>\nemission of greenhouse gases, the argument being that slowing<br>\ndown the pace of development in these countries would stall their<br>\ngrowth, with possibly disastrous consequences.<\/p>\n<p>After Monday's ratification of the Kyoto Protocol by the House<br>\nof Representatives, there remains only action by President<br>\nMegawati Soekarnoputri to sign the document into law. In the<br>\nmeantime, it would be as well for Indonesians to realize that a<br>\nnumber of hurdles must still be passed before the protocol can<br>\ncome into force. The Kyoto Protocol will not come into effect<br>\nuntil at least 55 of all the 154 signatories of the 1992 Rio<br>\n\"earth summit\" have ratified the document. In addition, those 55<br>\nmembers must represent the source of at least 55 percent of all<br>\nthe carbon dioxide emitted in 1990.<\/p>\n<p>With the U.S., which accounts for about 36 percent of total<br>\nglobal emissions, saying that it has no intention of ratifying<br>\nthe protocol and with Russia procrastinating, there is little<br>\nhope that the protocol will become effective anytime soon. Also,<br>\nmany scientists hold that the protocol, even if it should come<br>\ninto effect sooner than expected, will not stop the process of<br>\nglobal warming, although it may slow down the rate somewhat. No<br>\nless important, the curbing of greenhouse emissions in the<br>\nindustrialized countries means a slowing down of their economies<br>\nthat could bring consequences detrimental to the world economy.<\/p>\n<p>Nevertheless, as some observers have noted, the Kyoto Protocol<br>\nstands as a mark of progress in the international community's<br>\nmoral and political thinking about environmental issues, and must<br>\nfor that reason be welcomed. Alternatives to methods that are<br>\ndetrimental to the economic growth of the industrialized<br>\ncountries can and will certainly be found in time. Hopefully, by<br>\nthen, Indonesia, and the world, will be able to fully take<br>\nbenefit from the Kyoto Protocol, which it signed on Monday, seven<br>\nyears after it was conceived.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/kyoto-what-to-expect-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}