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CLEAN GREEN DEBT
Tiny New Zealand generates basically nothing in terms of warmening gases, but look at the protocol payment it faces:
Treasury figures show New Zealand’s Kyoto liability is more than $1 billion ...
When the Government signed up to the international agreement it estimated that New Zealand would be in credit by $500 million, but deforestation and an increase in emissions reversed that position earlier.
(Via Andrew Bolt, currently generating monster hits)
Posted by Tim B.
on 05/05/2008 at 01:08 PM
Page 1 of 1 pages
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