Posted on 02/06/2004 10:59:14 AM PST by FlyLow
The Kyoto Protocol, that international environmental treaty to limit "greenhouse emissions," will cost Canada an estimated $1 billion this year alone, and $4,700 per taxpayer per year for the next five years, according to The Heartland Institute's Dr. Kenneth Green -- and that's to meet only the first 8% of Canada's emission-reduction requirements. "Of course, that's probably a low estimate, since some studies suggest even higher compliance costs for industry; other forms of taxation increase the cost of raising money; and it's likely to cost more for each succeeding set of reductions," says Green. "While the first 8% might cost $1 billion, the next 8% is likely to cost more, and so on with each succeeding step toward the target." The Kyoto Protocol was originally signed by then-President Clinton but was subsequently rejected by the Senate, 95-0, in an eye-popping display of bipartisanship. Now we know why
Gore signed it and it was never brought to the Senate. The Senate vote was a pre-emptive strike to stop Gore from signing a stupid treaty that was not in the best interest of the country.
By the US Constitution, presidents can not approve treaties. That right is reserved for the senate. Clinton signing this treaty added absolutely no legitimacy to it.
You're correct. And, BTW, very seldom do the words "Clinton" and "legitimacy" occur in the same sentence. Well done.
Wrong, Kyoto has never been up for a vote. What was passed was a resolution opposing Kyoto if its economic costs were disproportionately imposed on the US.
Until the US President formally sends the Kyoto protocol to the Senate for approval, it will continue to hang around waiting for a Democrat dominated Senate. Bush has not killed the Kyoto Protocol. He refuses to implement, but he has not formally killed it, that requires a Senate vote.
Correct. It was the treaty creating the ICC that President Bush unsigned.
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