Quote:
Originally Posted by jorgelito
Is Kyoto really bad for the economy?
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I would say it is just the opposite, which is why the U.S. will, sooner or later, find itself joining the treaty. As with most international trade agreements, which Kyoto assuredly is, there are typically plenty of negative consequences but in regards to the global economy, they are a boon.
The U.S. will eventually find it is not in contention for certain aspects of trade due to its' self-exclusion from the treaty. When nearly all the rest of the West is making agreements with China and India, as those two countries explode with industrialization, the U.S. is going to be losing a lot of money.