Years of negotiations over a climate change prevention treaty are over, and the world has begun to absorb the impact of the unprecedented deal. The Kyoto accord establishes a new world currency, of sorts: tradable emission reduction credits, that nations and private companies can trade. And while developed countries have reduction targets, the developing countries will not have binding limits in this phase of the climate convention. Parties to the treaty will meet again next year to review the pact. Living On Earth host Steve Curwood attended the Kyoto talks and has reports this assessment of the outcome.