Friday, May 02, 2008

US Saves Earth by Doing Little to Nothing

Do gooders, according to the chart data, are killing us and destroying the Earth. The Kyoto Protocol were meant to reduce the signatory nation's greenhouse gas emissions to 5% below 1990 levels by 2012. As we all know, because we are told every day, the US is the biggest and worst offender.

The United States, a Member of Parliament reminded us a few years ago, is 5% of the Earth's population and contributes 20% of the GH gasses that cause Global Warming - as bogus as that proposition is. Though the accords were signed by Vice President Al Gore, the Clinton did not sent the treaty to the Senate for ratification. The Senate voted on a pre-emptive resolution in which the treaty symbolically failed 97 votes to zero.

Even without the Kyoto Protocol as a Sword of Damocles, the US is out performing the Euroweenies and other signatories at holding the GH gasses at just above the 5% target (6.6%.) Though the US didn't sign, there was always the moral high ground to defend, so the US, by default, had to perform at a superior level. What's really interesting is that all the nations that did not sign on are also beating the performance of the signers.

Could it be that the trading of carbon credits actually increases the supply of atmospheric carbon just like the laws of capitalism would predict? Carbon in the form of CO2 is the product in demand. The initial low supply with an initial and growing demand would require that more CO2 be created to meet the increased demand. Somebody is getting very rich.

Al Gore?

The life of Indigo Red is full of adventure. Tune in next time for the Further Adventures of Indigo Red.


dcat said...

the GH gasses that cause Global Warming - as bogus as that proposition is...

Yeah and the green dumb asses here in that so called “green group” are burning down homes that were built on green environmentally effective homes! They burned the homes “that were by the way already purchased by people” Just because they wanted to pollute the air!

I think we have a scam going on here!!!

Indigo Red said...

A green scam going on? I'm shocked! Shocked, I tell ya!

Mike's America said...

The whole Kyoto thing was a scam too. The U.S. would abide by the terms and the other nations would cheat and try to gain an advantage over us by polluting the environment and providing cheap goods (see China).

Indigo Red said...

Of course it was scam. Right now, America is not a signatory and is abiding by the terms and other signatory countries are cheating.

As with so many other regulatory scams, it's cheaper to pay the fines than comply. With carbon offsets, it's even easier. By buying offsets, offenders only have to look like they're doing something.