Tuesday, November 25, 2003
Kyoto Krazy: National Review's Dave Kopel and Carlo Stagnaro take a look at the economic suicide some European countries would be making if they implemented Kyoto-style emission controls.
Dr. Margo Thorning performed a study about four European countries [link requires Acrobat Reader req.] and estimated that the Kyoto Protocol would have a strong negative impact on the GNP of various nations: a decrease of 5.2 percent for Germany, 5 percent for Spain, 4.5 percent for the U.K., and 3.8 percent for the Netherlands.
The liberal elite says that the United States' rejection of Kyoto shows our unilateral and anti-global tendencies.
Europe's embrace of Kyoto shows its economic stupidity. If some EU governments do go ahead with these curbs, expect recession in Europe and (hopefully) the gradual dismantlement of those socialist states.