The Senate Environment and Public Works Committee held a hearing today on the Kyoto Protocol and its impact. Here’s a link to some excellent testimony from Margo Thorning of the American Council for Capital Formation. It says, among other things that the EU isn’t meeting its emission targets and that the Kyoto Protocol — as predicted — has led to higher electricity prices. Remember that China and India, two of our major industrial competitors, aren’t even part of the Kyoto accords. And neither are we, thanks to a 95-0 vote in the Senate.
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