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Carbonomics: “The Kyoto treaty would have wrecked our economy, if I can be blunt.”
Source: George W. Bush, Interview of the President by ITV, United Kingdom. WhiteHouse.gov
Carbonomics: Already our oil use has stopped climbing, and we used only one tenth percent more in 2007 than in 2004.
Source: Monthly Energy Review, January 2008, US Department of Energy
Carbonomics: This would have, according to the Department of Energy, reduced the world price of oil—just as it did in the 1980s. DOE discovered this in 1998 when Congress asked it how the Kyoto treaty would affect our economy. DOE also discovered that implementing the Kyoto treaty, flawed as it was, would not wreck our economy.
Source: Impacts of the Kyoto Protocol on U.S. Energy Markets and Economic Activity, Energy Information Administration, Department of Energy, October 1998. PDF
Note: Discussed in more detail, below.
Carbonomics: “Only a foolish optimist can deny the dark realities of the moment,” and “We have nothing to fear but fear itself.”
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http://zfacts.com/p/900.html | 05/14/08 07:39 GMT Modified: Mon, 04 Feb 2008 21:21:25 GMT
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