ABSTRACT
The 1997 Kyoto Protocol on climate change continues to be a target of pointed praise and condemnation from a variety of actors in domestic and international environmental policy-making.1 As a result, the Kyoto Summit has been the subject of close scrutiny by a diverse group of scholars.2 However, most of this literature overlooks interesting questions related to the political dynamics surrounding the emergence and implementation of a new environmental policy instrument (NEPI) at the international level – a greenhouse gas emissions trading system.3
