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Technology Stocks : Energy Conversion Devices

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To: Mr. Sunshine who wrote (7723)	5/25/2004 9:49:30 PM
From: Stevefoder	Read Replies (2) of 8393

Re: "I think California would sign the Kyoto protocol that Bush (and Clinton danced around presenting for ratification) bluntly declines." I am all for reducing use of fossil fuels, but the Kyoto protocol is brain dead for many reasons. Congress would never even come close to ratifying such a treaty with a majority vote much less 2/3 required. They could agree to it, but would they add a $2 a gallon gas tax to implement it? No!!! You also said California would ratify. But, California would never be able to meet the stringent requirements with its exploding population and love of cars. Kyoto expectations are just too high for the USA. Countries as India and China have no requirements to meet under Kyoto and are growing their use of fossil fuels incredibly fast. China's growth in oil usage is increasing 20% a year. Kyoto was a bad agreement. Clinton had years to push it in the USA but he knew better and never tried. He agreed to a treaty and just ignored it, which is dishonest. Bush is just being honest by saying forget it.

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