yeah everyone warned it would happen and now it's such a big surprise! Helen is an idiot.
Originally the Clark Government sold Kyoto to the populace on the basis that they would be selling $500 million in carbon credits.
I really can't figure how this achieves anything other than transferring wealth from tiny NZ to a collapsing Russian economy
Any ideas?
They could have renamed this article Atlas Shrugged
"Carbon credits", LOL. This is the stupidest treaty of all time. Why anyone would sign on to this piece of garbage is a mystery to me.
Perhaps if everyone in NZ stopped breathing greenhouse gasses could be further curbed.
Save the planet, kill yourself.
Another case of politians shooting themselves in the foot. Unfortunately, the whole country will feel the pain by damaging a good economy with bad science.
Once again....Proving "Liberalism" is a mental disease...
It even destroys the ability to evaluate situations and determine the cost..
Semper Fi
Supposedly, the goal is that as you reduce emissions, your need to purchase credits goes down.
Not sure how you reduce those emissions...in NZ, sheep are a major contributor, I think I read somewhere.
But you are right...all this is is a wealth transfer system designed to slow economies and growth by siphoning off wealth.
I would liken it to slitting your own throat and smiling while you do it.
Why, of course, the whole idea behind Kyoto is to remove wealth (and industry) from "the west" and hand it over to the "developing world." It enhances the self-esteem of the socialists in the west and enhances the bank accounts of socialists in the developing world. Environmental impacts are irrelevant.
Points out a huge weakness in this boondoggle. How are the emmissions calculated and who verifies the numbers? How mutch can they fudge the numbers before they're caught?
I really can't figure how this achieves anything other than transferring wealth from tiny NZ to a collapsing Russian economy.
Any ideas?
Overthrow the government that signed the stupid treaty?
.
Ask any farmer anywhere in the world and he'll tell you that you can't predict the weather.
Then ask him if you can quantify weather in terms of dollars--and he'll tell you: "Sure, buddy, give me a few dollars and I'll guarantee you that the weather will change."