Erik Reuter wrote:
http://www.money.telegraph.co.uk/money/main.jhtml?xml=/money/2005/06/13/ccpers13.xml&menuId=242&sSheet=/money/2005/06/13/ixfrontcity.html
Personal view: Forget global warming. Let's make a real difference
<snip>
Moreover, they should also tell what they expect the cost of the Kyoto
Protocol to be. That may not come easy to natural scientists, but there
is plenty of literature on the subject, and the best guess is that the
cost of doing a very little good for the third world 100 years from now
would be $150billion per year for the rest of this century.
Interestingly, New Zealand is going to find the cost much sooner than most.
An early adopter of Kyoto, they now find themselves in the curious
position of running out of electrical power as demands increase and
generating capacity stalls.
They have abundant geo-thermal power sources, steady coastal winds,
enormous hydro-electrical potential, long reserves of coal, and plenty
of natural gas (and a friendly neighbour with plenty of uranium), but
every single proposed wind-farm, geo-steam plant and hydro-electric dam
has now been successfully stopped by environmentalists protecting their
own little part of the world, and the natural gas and coal plants that
no-one is objecting to would be in contravention of Kyoto because it
would mean a greenhouse gas emission increase for the country.
Effectively, Kyoto punishes New Zealand because it has BEEN USING
greenhouse friendly methods by requiring reductions from a low starting
point.
Maybe they'll have to buy power from us because we haven't signed...
Cheers
Russell C.
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