Why Did the United States Refuse to Ratify the Kyoto

question 17

Multiple Choice

Why did the United States refuse to ratify the Kyoto Protocol?

• A)The United States did not think the agreement went far enough in reducing greenhouse gases.
• B)The United States would have to reduce its carbon emissions while developing countries would not.
• C)The United States was boycotting the host country,Japan,because of its whaling practices.
• D)The United States preferred an alternative agreement proposed by several European countries.
• E)Most other countries also refused to ratify the protocol.

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Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, reflecting the company's financial condition.

Convertible Securities

Convertible Securities are financial instruments, such as bonds or preferred stocks, that can be converted into a specified number of other securities, typically common stock, at the option of the holder or issuer.

Simple Capital Structure

A company's capital structure that consists only of common shares or straightforward debt without complex financial instruments such as convertible securities.

Diluted Earnings

Earnings per share calculated using the total number of shares that would be outstanding if all possible sources of conversion, such as convertible bonds and stock options, were exercised.