What is the Negative Impact of Kyoto Protocol?

Even with its noble mission to regulate climate change and protect the environment and living things, the Kyoto protocol is not without some negative effects, as argued by the critics.

Economical impact holds high position in the list of negative impacts of the Kyoto protocol. Especially for a developed country, the implementation cost of the protocol could vary anywhere from seven billion to two trillion. The government would have to dig deep into the tax money to fund the policy. It is also argued that there would be a loss of close to 900,000 jobs if the protocol were followed in an industrialized country.

With US not choosing to ratify the protocol, the burden on other countries becomes larger.