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Old 04-19-2007, 09:32 AM   #1
calculoso
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Default Baird: Kyoto would lead to economic collapse

http://www.ctv.ca/servlet/ArticleNew...hub=TopStories

Quote:
Environment Minister John Baird attacked the Kyoto accord on Thursday as a costly measure that would lead to economic collapse.

"I think that we must strike a balance in order to act responsibly, we must take bold measures for the environment and we must let our economy go forward so Canadians can keep their jobs and build a promising future," Baird told a Senate Committee in French on Thursday.

....

Baird told the committee that analysis from economists shows implementing the Kyoto Protocol would mean:

* Gasoline will cost more than $1.60 a litre over the 2008-to-2012 period
* 275,000 Canadians working today will lose their jobs by 2009
* Job loss will cause unemployment rates to rise 25 per cent by 2009
* The decline of economic activity in the range of $51 billion

....

However, a study released in late February by the group Friends of the Earth and Corporate Knights magazine put the cost of Kyoto compliance at $100 billion over four years, which they said would be about $20 per week for a family of four.
$100 billion over four years as an estimate from an environmental group? That's insane!
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