Quote:
“The global warming movement proposed a complex set of international agreements involving vast transfers of funds, intrusive regulations in national economies, and substantial changes to the domestic political economies of most countries on the planet.”
At the time of Kyoto, China and India were much less industrialized. Europe could take credit for the closing of inefficient factories in former Communist satellite states in Eastern Europe. Only the United States would have to make sacrifices to meet its mandated targets. You could almost say that the objective of Kyoto was to hobble the US economy so that the rest of the world could catch up.
The world situation now is much different. China and India still pollute much less per capita than the US, but their totals come close. Europe also would have to make real sacrifices. Under the circumstances, it was unlikely that everyone could be persuaded to make these sacrifices and one hold out would doom the entire process.
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