The world is launching its best effort at slowing the American and possibly China's and India's economies. Next week the Kyoto Protocol will become international law for those who participate by signing on to it. The United States stands alone in opposing this backdoor effort to slow its economy. China and India care little because for now they are exempt from job killing economic activity restrictions.
The world's growing economies are generally expanding because they export more than they import. And it is the American market place that is the growth engine for the world's workers. If we slow down, Third World countries crash back into poverty. In fact the UN supports the notion that economic globalization has lifted more of the worlds poor above poverty than all government programs for all of history combined.
Our consumption is considered obscene by European elites who feel that only they can be allowed to ride in limos and fly in private jets. Mercedes Benz in Germany restricts sales of their largest models to "select" business and government types. France has always practiced a double standard for the elites as opposed to their rabble. New money, earned by innovative business activities is taxed at levels often over 80% while old money is worshiped as a right and legacy.
So this is the landscape for Kyoto. Tax carbon dioxide. Why? Because economic activity releases carbon into the atmosphere. So America can be hit for hundreds of billions annually for redistribution to socialist and despot governments that long ago lost their way for their citizens. But what is the proof that higher carbon dioxide levels will negatively change our planet's climate? There is none. Zero, zilch, nil. There isn't any consensus on whether more carbon dioxide will even affect our climate.
So the 100 plus dwarfs happily march off to slay the carbon dragon using pea shooters and eloquent words. There is no doubt that they stand for a better planet and support what they truly believe is a policy that all can embrace. But in reality, this pig is so ugly that there isn't enough lip stick or make up to cover all the warts and pimples.
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