Quote:
Originally Posted by zen_tom
This cost/benefit argument is a false one as well - Where does the money go? Where does it come from? It's not all government funds being collected off the populace and buried underground. All the money goes into developing existing and new forms of technology to do what we do currently but better. That means new jobs and a boost to the economy - not the opposite. In addition it means that there will be a number of products that will be developed with environmental issues in mind. These will be freely tradable (and desirable) in the countries under the Kyoto treaty. Those countries outside will find their more polluting products harder to sell.
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Well said.
The momentum behind the cost/benefit argument comes from industrial lobbyists who know that they will either have to spend money to adapt their technology to come out on top again or end up being replaced by their competitors who will spend money to adapt their technology to come out on top.
If you're already on top, you don't want new rules that require you to face more risk through competitive innovation.