Kyoto Treaty

Kyoto Treaty

The Kyoto Treaty requires “developed” nations to reduce carbon emissions by over 5 percent below 1990 levels by 2012. The treaty has been signed by almost every nation on earth, with the major exception of the United States. Currently the European Union and 37 “developed” nations are legally required to follow through with the agreement, but most of the developing” nations—including major polluters like China and India are not bound by the protocol’s central tenant.

Commentary

smokestack and dirty air

Crying Wolf Again: Big Business Gearing up for a Fight Against Obama’s Environmental Program

May 11, 2009

Cry Wolf Quotes

[Automakers stated that the treaty would] increase gas prices 50 cents a gallon, boost the price of electricity 20 percent and raise the cost of making cars.

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BLIND SPOT: THE BIG THREE’S ATTACK ON THE GLOBAL WARMING TREATY, from the The Environmental Working Group.
10/03/1997 | Full Details | Law(s): Kyoto Treaty

The economic impact would be devastating for the United States. We would see the loss of millions of jobs, entire industries would flee to other countries, our people would face higher fuel costs, higher taxes, leading to lower productivity and a lower standard of living.

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Senator Chuck Hagel (R-NE)
10/03/1997 | Full Details | Law(s): Kyoto Treaty

[The treaty will cause] soaring production costs and significantly higher driving costs — through rationing schemes, energy taxes or other mechanisms with comparable effect.

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Andrew Card, president of the American Association of Automobile Manufacturers.
10/22/1997 | Full Details | Law(s): Kyoto Treaty

Every credible economic study on the treaty paints a dark picture for the American people…the Kyoto treaty would cause energy prices to soar and the standard of living in our country to plummet…and result in the elimination of 2.4 million American jobs by the year 2010 and cost the average American family over $2,700 a year.

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Republican Rep. Knollenberg (R-MI), House Subcommittee on National Economic Growth, Natural Resources and Regulatory Affairs.
05/20/1999 | Full Details | Law(s): Kyoto Treaty

Evidence