Will the Kyoto Protocol be Succuessful?

Finally the Kyoto Treaty is effected, but sadly this initiative is not supported by the world's largest polluter, the USA.

Althought this is a momentous event, it's too early to rejoice. I am skeptical about how ratified countries are going to cut their greenhouse gases emission, in accordance with this Treaty. People are just too comfortable with their life style and governments need to industrialise further to improve their economies. Moreover, with a lack of a central governing body to enforce this Treaty, it's hard to foresee any tangible results.