November 07, 2005

greenhouse gas cut = economy damage?

from the reuters news, International Council for Capital Formation said that the cost to fulfill kyoto protocol on climate change is not small.

that short pain is not easy to cover when globalization has already damaging developed world society by moving low profit industries to developing countries. and protectionism may come when they find this as an excuse and quit the protocol just like US. however we can live a bit longer before the day after tomorrow comes.

hope that there are brilliant politicans to find a good way to handle this.

tag: greenhouse gas, , ,

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