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have been possible for the USA to have continued supporting the Kyoto
regime at international negotiations without ratification at home. But its
overall ability to implement Kyoto would have been reduced.
Second, the Kyoto Protocol was flawed in many ways that were obvious at
the time. The overall reduction of 5.2 per cent for Annex I was a small
target, even if Annex I did achieve it. The hot air problem meant that
emissions trading alone was unlikely to achieve reductions. The means for
involving non-Annex I countries in climate-change policy was unclear and
seemed to be based on the goodwill of all countries concerned. Indeed,
President Bush said in the same speech: