Climate change policy of the George W. Bush administration directed US efforts to urge governors and dozens of members of the House of Representatives to block California's first-in-the-nation limits on greenhouse gases from cars and trucks, according to e-mails obtained by Congress. Climate change policy of the George W. Bush administration This article is about the climate change policy of the United States under the George W. Bush administration. In March 2001, the Bush Administration announced that it would not implement the Kyoto Protocol, an international treaty signed in 1997 in Kyoto, Japan that would require nations to reduce their greenhouse gas emissions, claiming that ratifying the treaty would
Capital flows in Japan market) rather than the removal of international capital controls per se. This approach was taken because of United States concerns that foreign investment in Japan was impeded by a lack of various financial instruments in the country and by the government's continued control of interest rates for many of those instruments that did exist. As a result of the agreement, for example, interest rates on large bank deposits were decontrolled, and the minimum denomination for certificates of deposit was lowered. By the end of the 1980s, barriers to capital flow were no longer a major issue in Japan-United States relations.