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What is the Kyoto treaty? (for those of u who don't know)

The Kyoto Treaty commits industrialised nations to reducing emissions of greenhouse gases, principally Carbon Dioxide, by around 5.2% below their 1990 levels over the next decade.
Drawn up in Kyoto, Japan, in 1997, the agreement needs to be ratified by countries who were responsible for at least 55% of the world's carbon emissions in 1990 to come into force.
The agreement was dealt a severe blow in March 2001 when President George W Bush announced that the United States would never sign it.
A scaled-down version was drawn up four months later and finalised at climate talks in Bonn in Germany in 2002. The treaty now only needs Russian ratification to come into force.
If and when the revised treaty takes effect in 2008, it will require all signatories, including 39 industrialised countries, to achieve different emission reduction targets.
With that aim, it will provide a complex system which will allow some countries to buy emission credits from others.
For instance, a country in western Europe might decide to buy rights or credits to emit carbon from one in eastern Europe which could not afford the fuel that would emit the carbon in the first place.

.globber.