Kyoto's Big Con
January 19, 2006; Page A14
The Kyoto environmental protocol committed nations to
reduce greenhouse gas emissions. By this standard, the pact's biggest fans, the
Europeans, are failing. And what about the U.S., the global villain for
withdrawing approval of the accord in 2001? It's doing very well, thank you.
Let's go to the latest numbers from the European Environment Agency in
Copenhagen. Most European countries have seen an increase in greenhouse gas
emissions since signing Kyoto with great fanfare in 1997. No fewer than 13 out
of the 15 original EU signatories are on track to miss their 2010 emissions
targets -- by as much as 33 percentage points, in the case of Spain.
Or consider Denmark, home of the EU's environmental watchdog. Rather
than reduce levels by 21% as the accord stipulates, Denmark has so far notched
a 6.3% increase in emissions since 1990, the base year used in Kyoto. The
likely gap between its Kyoto commitment and its emissions levels projected for
2010 is 25.2 percentage points.
The U.S. dropped its signature from Kyoto because arbitrary emissions
targets are both pointless and economically damaging. No proof exists that
lower emissions reduce global warming. The idea that human activity influences
climate change one way or another is far from proven, given the overwhelming
role nature itself plays in atmospheric changes. And if the warming trend of
recent decades continues -- by no means a certainty -- it might well be a boon
to humanity.
The Bush Administration has continued a longstanding U.S. policy of
pushing states, municipalities and private industry to reduce emissions that
actually lower the quality of air and water. The U.S. thus saw a modest decline
in greenhouse emissions of 0.8% between 2000 and 2002, according to data from
the U.S. Department of Energy. Overall since 1990, American greenhouse
emissions are up 15.8%, but this still puts the U.S. far ahead of many of its
European and Asian critics. And this despite U.S. economic growth (and
increasing energy demand) that has far exceeded Europe's.
Some countries -- like France and Germany -- are being pressed to
implement additional measures. These are going to be proposed later this year
as part of each country's National Allocation Plans required under the EU
Emissions Trading Scheme. The Trading Scheme allows individual countries to
allocate limited "emissions allowances" to their industries that can then be
traded on secondary markets.
Alas, no one is talking about reducing the amount of hot air produced by
politicians. At the U.N.'s environmental summit in Montreal last year, EU
Environment Commissioner Stavros Dimas of Greece spoke grandly of Europe's
continuing leadership in the reduction of greenhouse gases. Prime Minister Paul
Martin of Canada, another Kyoto diehard, chimed in that America lacked a
"global conscience." For the record, Greece and Canada saw emissions rise 23%
and 24%, respectively, since 1990, far above the U.S. rate.
The nonsense that passes for debate at U.N. gabfests isn't news. But it
is newsworthy that Kyoto's arbitrary targets were mainly cant. Countries that
reduce those emissions potentially damaging to health or property do so by
investing in cleaner technology. That is possible because of policies that
promote economic growth and business investment. Unhampered by Kyoto targets,
America's economy is more nimble and better able to adapt to changing
technology. We knew Kyoto was bad for the global economy. It turns out it's bad
for the environment as well.
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