Saturday, 1 December 2007
THE COST OF RATIONING CARBON UNDER KYOTO
this report shows the cost of carbon trading to those nations who signed the Kyoto Treaty and have not made the requisite CO2 emission cuts, (due to economic growth, for example). The actual costs will be born by the workers and taxpayers of the nations. They are already paying a real price now, for an unproven "benefit" at some unspecified time in the future. It is the nearest thing to a penance in the modern world. The developing nations and the USA have so far escaped.