"A day after the climate summit in Durban, the country's prime minister said the northern international ecological pact "does not work" and could harm millions in fines."
Canada withdrew from the Kyoto Protocol on reducing greenhouse gas emissions, stated the Minister of Environment Canada, Peter Kent.
"Kyoto is not working" and also Canada runs the risk of having to pay fines of billions of dollars if it continues as a signatory, said Kent.
The decision on the future of the Kyoto Protocol, the only binding legal instrument that would limit emissions of GHG from the majority of industrialized countries, was one of the key points of the climate summit held days ago in the South African city of Durban.
Representatives from some 190 countries yesterday adopted at that Conference a road map for a global agreement by 2015 to reduce gas emissions.
The aim is that this agreement, whose exact legal nature should be still disputed enter into force by 2020.
The Kyoto Protocol, signed in December 1997, entered into force in February 2005 and obliges the industrialized countries, with the notable exception of United States, which did not ratify it, reduce their emissions of six substances responsible for global warming, in particular the CO2.