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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: CYBERKEN who wrote (161614)	7/17/2001 12:03:33 PM
From: Thomas A Watson	Read Replies (1) \| Respond to of 769667

Cy, I cannot comprehend how any sane person would support the rationale of the Kyoto Protocol. from reason.com What Price Climate Control? The Kyoto Protocol, which President Bush has rejected, would limit U.S. emissions of greenhouse gases to 7 percent below their 1990 levels by 2012. Given the current trajectory of energy and economic growth, meeting that target means the United States would have to cut energy consumption by as much as 30 to 35 percent below what Americans are now expected to be using in 2012. Some economists estimate that it would cost 3 percent of U.S. gross national product per year to achieve that lower level of emissions. How much would Kyoto-mandated emissions cutbacks benefit the global environment? Climatologists estimate that implementing the Kyoto Protocol would, by 2100, avoid only 0.14 degrees C of temperature rise. That means projected man-made greenhouse warming that might have been 3 degrees C by 2100 would instead be 2.86 degrees C. So, suggests University of Alabama at Huntsville climatologist John Christy, if the Kyoto Protocol is an insurance policy, it is like one where you pay $3,000 per year (3 percent of GNP per year) on a $100,000 house for 100 years. The total cost of insuring the $100,000 house would be $300,000. In keeping with the insurance analogy, let?s treat a projected 3 degree temperature increase as a total loss. Thus the payout on the insurance policy--the reduction in the damage caused by a projected temperature increase--is only about 5 percent (0.14 degrees is about 5 percent of a 3 degree increase.) The payout comes to a grand total of $5,000. Nobody sensible would buy such an insurance policy. tom watson tosiwmee