Today, the Kyoto pact, a treaty designed to ease the globes sufferage of mankind through strict reductions of global warming gasses went into effect, although without U.S. involvement. The lack of involvement has caused fourteen U.S. Senators to put foward a bill to force this country to go along with this economic disaster. They accuse President Bush of doing nothing.
The President is simply not interested in the Kyoto agreement. He is far from doing nothing.
“We are still learning about the science of climate change,” White House spokesman Scott McClellan said Tuesday. In the meantime, McClellan said, “We have made an unprecedented commitment to reduce the growth of greenhouse gas emissions in a way that continues to grow our economy.”
State Department spokesman Richard Boucher said the United States is devoting nearly $5.8 billion this year to scientific research, new technology, foreign aid and tax incentives for nonpolluting energy development.
You see, its not that the President is doing nothing, its that this is Repulican President George W. Bush.
Dianne Feinstein, one of the bills co-sponsers, and a first rate “Bush Basher,” is quoted as saying
“More than 140 nations, including all 25 members of the European Union (news - web sites), Russia and China, have ratified the agreement to reduce man-made emissions of greenhouse gases,” Feinstein said, in introducing the bill on the Senate floor
If the U.S. economy takes a nosedive, it is better for Feinstein and the Democrats. As long as things are looking down for the U.S., they are looking up for them. With everyone in this country saying that skyrocketing oil prices are driving inflation and hindering job growth, how can a reduction of an already low supply be good? Also, she said, “the E.U., China and Russia.” Is she not aware of Buenos Aires?
Alan Wood, a writer for the Australian, had this to say
The aim of the European Union and its allies among the green non-government organisations and lobby groups was to use Buenos Aires to both celebrate the coming into force of the Protocol and to prepare the way for its extension beyond 2012
Kyoto will expire in 2012. The countries signing on wanted emerging countries to have stricter regulations seeing as how by that time, they would be “all caught up” so to speak, in their economic developement.
Instead the European Union was isolated and rebuffed by the developing countries, notably India and China
India and China are well aware that if other countries make it difficult for business to operate within those countries’ borders, those bussinesses would flock to them, a pair of countries who would be free of the economically hindering parameters of Kyoto.
wood also points out
So, importantly, did Italy - an EU member. Its environment minister declared there was no point in trying to replace Kyoto with something similar after 2012 when it was unacceptable to the US, India and China
The Italians are well aware that with those three (not one…not two…but three, including China), there is no future for Kyoto. The Italians don’t want their fragile economy to worsen in the name of “European Union.”
And all of this brings us to those sneaky Russians.
The only reason Kyoto was enacted today, is because the Russians agreed to sign on to it. One condition of the Russians signing on, was that they only had to reduce their emissions to 1990 levels. What has happened in Russia since 1990? I’ll tell you. The Russian economy has tanked. Many industries have shutdown. Russia would have to actually grow in order to be at 1990 levels.
Why is this important? It is important because the Russians, whose reluctant agreement allowed Kyoto to come into effect, can sell the excess credits between their 1990 levels and todays (which are below 1990 levels) to countries who find themselves unable to comply with their own obligations to this treaty.
Steve has just commented with some information about the Byrd-Hagel Resolution. I have found this to be an interesting piece and have decided to link to it.