Saturday, October 14, 2006

Kyoto blows up on the launch pad

The whole Kyoto concept is bogus. It was just a half baked plan to effectively generate wealth transfer from the industrialized nations to the non-industrial nations.

NC Times
STOCKHOLM, Sweden -- With few exceptions, the world's big industrialized nations are struggling to meet the greenhouse gas reductions they committed to in the embattled Kyoto pact on climate change.

Europe is veering off course, Japan is still far from its target and Canada has given up...

...Among the worst off is Canada, the current president of U.N. climate change talks, which this year became the first country to announce it would not meet its Kyoto target of a 6 percent emissions cut on average over the years 2008-2012. Canada's emissions have ballooned by 29 percent instead...

...Japan, too, has a long way to go to meet its 6 percent reduction. If no additional measures are taken, U.N. forecasts show Japan's emissions will grow by 6 percent, instead of shrink by the same rate as mandated by the treaty...

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