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New Zealand’s Kyoto problems received little notice last year, but the Protocol of the Damned is still an issue:
A conference of energy experts has been told implementing the Kyoto Protocol would impose a huge cost on New Zealand.
This country has agreed to return net emissions of greenhouse gas emissions to 1990 levels by 2012.
Veteran energy consultant, John Beckett, says successful implementation of the protocol could set the Government back by $3 billion in buying carbon credits on the international market. Most of that money would go to Russia.
Rubles from NZ government rubes. Sweet deal.
(Via J. F. Beck, currently rich in credit-quality posts)
Posted by Tim B.
on 07/20/2006 at 10:01 AM
Page 1 of 1 pages
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