Most politicians don't know what the Kyoto accord says. They think it's an environmental treaty. It's not. It's an economic treaty.
Its purpose is not to reduce GHG (greenhouse gas) emissions -- under it GHG emissions are guaranteed to rise. Kyoto is a United Nations treaty designed to transfer wealth from the developed world to the developing world by charging the developed world for the right to emit carbon. That's hardly surprising given that wealth redistribution from rich nations to poor ones is the goal of most countries belonging to the UN.
Goldstein shows how Europe basically wrote the treaty to take advantage of the implosion of the Soviet Union with its collapse of economic activity making Europe look good carbon emissions-wise.