SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kenneth E. Phillipps who wrote (18492)12/3/2007 2:21:30 PM
From: DizzyG  Read Replies (1) of 224864
 
KYOTO AND THE TAXPAYERS

So what happens to countries that signed the Kyoto Protocol but fail to meet greenhouse gas emissions limits? Fines. Lots of fines. Most, if not all of the money paid for by none other than the taxpayers of those countries.

Let's take Japan, Italy and Spain for instance. They collectively owe $33 billion in fines for failing to reduce greenhouse gas emissions. And why did they fail to meet the requirements? Because they underestimated economic growth and future emissions from factories and utilities. In other words ... their economies grew better than they expected, and thusly they are punished.

So now Spain must pass 40% of the cost for extra emissions on to those successful businesses that helped its economy grow. The other 60% will come directly from taxes. The businesses, of course, will pass their fines on to the consumers of whatever it is the provide or produce. In Italy, the taxpayers will pay 75% of the bill for extra permits ... just to fit into the Kyoto Protocol. And Japanese taxpayers must pay for two-thirds of the nation's excess.

In one more case, taxpayers in Ireland will shell out more than €270 million so that Ireland can "buy its way" into meeting the Kyoto agreement.

Aren't you disappointed that the U.S. hasn't become a part of this huge income redistribution scam by now?

Before we go .. another hint. Warming stopped a decade ago. Over the past three years it has actually become cooler.
boortz.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News