11/15/2006

Enforcing Kyoto

Kyoto signatories have a problem: If everyone signed the treaty, they'd all suffer roughly equally -- but if there are holdouts, those holdouts have an automatic incentive to engage in the same high-pollution activities the treaty tries to prevent. France has a solution: Slap a tariff on goods from non-Kyoto countries. Sounds like a good idea, until you realize that it suffers from more or less the same problem: Now, Kyoto signatories who don't go along with France's policy will get cheaper high-polluting imports. The French government may feel righteous, but this mostly makes them poor.

This blog is no longer being updated. Visit ByrneHobart.com for more blogging, or pay a visit to my new Internet stock research and M&A due diligence company.


posted by Byrne Hobart at 8:22:00 PM

1 Comments:

Blogger miyuki said...

We are the best seller of Louis Vuitton handbags and prada handbags and replicahandbags

3:37 AM  

Post a Comment

Links to this post:

Create a Link

<< Home