7.05.2005

Prior to G8 Summit, Bush declares that Kyoto "would have destroyed" U.S. Economy

For article see:http://www.nytimes.com/2005/07/05/international/europe/05summit.html

If that's what Kyoto would do, imagine PeakOil.

Here are the numbers (in reductions of emissions and consumption) for the seven scenarios indicated by the Kyoto Protocol for U.S. petroleum consumption from 1990-2020: http://www.eia.doe.gov/oiaf/kyoto/pdf/execgraph3.pdf (look to table ES 10). None of these reductions even begins to touch the physical shortages that will emerge after the peak.