The US and other Annex I non-ratifying parties should take on reduction targets
of a comparable nature and scale to Annex I parties that have ratified the Protocol as
well as be able to participate in the Kyoto Flexible Mechanisms, emissions trading
and be bound by the Kyoto compliance regime.
All developed and newly industrialized countries should reduce their emissions,
as a group, by 23 % below 1990 levels in the 2013-2017 commitment period. This target
is consistent with an emissions reduction trajectory that yields a 40 % reduction
in emissions by 2020 and represents the annual average reduction for the commitment
period ( i.e. what the target in 2015 would be ).
a ) T o assist in the development and implementation of a visionary long-term
plan for a low GHG emissions trajectory for each Party included in Annex B based
on the global carbon budget in 2050 and the interim targets for Parties
included in Annex B, as a group, in accordance with the provisions of Article 2 ;
b ) T o assist Parties in the identification and achievement of the timely
investments required for the economy-wide transformation needed to achieve
low carbon sustainable development in accordance with the provisions
of Article 2 ; and
c ) T o assist Parties in undertaking the necessary policies, measures and----------
actions to fulfill their support obligations in accordance with the provisions
of this Protocol.
There. I'd advise at least a skim through the 78 page document before you set yourself on fire and dance through the streets screaming 'the world is ending!'
Again, you can get a copy here.