Michael Fumento

Economist Robert Samuelson has an excellent column (does he write any other kind?) on the hypocrisy of the European nations who signed the Kyoto Accord agreeing to cut emissions allegedly contributing to global warming and that lashed out bitterly at the U.S. for not doing so. Turns out that, "From 1990 (Kyoto's base year for measuring changes) to 2002, global emissions of carbon dioxide (CO2), the main greenhouse gas, increased 16.4 percent" overall. The U.S. increase was 16.7 percent, while in Greece it was 28.2 percent; Ireland, 40.3 percent; Spain, 46.9 percent; and Portugal, 59 percent. I would add that the situation is all the worse when you consider all the hot air European politicians and NGOs are sending into the atmosphere.

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Tracked on August 20, 2005 10:36 AM