President Bush's consistent mantra on the Kyoto Protocol specifically and all things climate change in general is that he will do nothing.
No wait that's not right. He will do nothing that will nothing that will "harm the American economy".
Now those dangerous radicals at extreme left wing, big 4 accounting firm PricewaterhouseCoopers have issued a "green growth plus" study which suggests that global warming can be addressed at minimal cost to the world's economy, the equivalent of one year's growth over the next forty years. In a further blow to Bush&co's thinking (as well as that of the UK's Labour government) the use of nuclear energy is not critical to the plan. The plan suggests that 60% cuts in emissions are possible by 2050. Big seven economies would cut their emissions significantly but emerging economies, such as China and India, would be allowed modest increases that well below what is predicted for these economies if nothing is done.
I am insufficiently knowledgeable to determine if the cuts go far enough or if the goals are achievable. I do suspect that the Bushniks will resist a plan that allows other economies perceived advantages.
I hope that someone who is capable of this analysis gives this the attention it deserves.
A summary of the report is available here. The full report (pdf) is available here.
No wait that's not right. He will do nothing that will nothing that will "harm the American economy".
Now those dangerous radicals at extreme left wing, big 4 accounting firm PricewaterhouseCoopers have issued a "green growth plus" study which suggests that global warming can be addressed at minimal cost to the world's economy, the equivalent of one year's growth over the next forty years. In a further blow to Bush&co's thinking (as well as that of the UK's Labour government) the use of nuclear energy is not critical to the plan. The plan suggests that 60% cuts in emissions are possible by 2050. Big seven economies would cut their emissions significantly but emerging economies, such as China and India, would be allowed modest increases that well below what is predicted for these economies if nothing is done.
I am insufficiently knowledgeable to determine if the cuts go far enough or if the goals are achievable. I do suspect that the Bushniks will resist a plan that allows other economies perceived advantages.
I hope that someone who is capable of this analysis gives this the attention it deserves.
A summary of the report is available here. The full report (pdf) is available here.
(It should be noted that the report was issued by PricewaterhouseCoopers UK rather than by the US office.)
No comments:
Post a Comment