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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

Green Car Congress

The cost of fully implementing the Kyoto Protocol (in terms of lost economic growth) has been estimated at roughly $180 billion a year. No wonder so many of them have so much trouble with the largely Western plea that we all go on a carbon diet. It’s simply not in their interest to do so. The carbon trading scheme centers around derivatives.