A good bit of information is contained in the linked post about the Kyoto protocol and the failure of the signatories to meet the CO2 emission standards. The U.S. not signing on in 1998 under Clinton and that position continuing under Bush is a good thing. As I see it, the only outcome from Kyoto was a raising of awareness about climate change.
I become more convinced that the economics of CO2 emission reductions advocated by some who would 'save the planet' just plain don't work when compared to other uses of those resources in the next century.
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