Thursday, April 19, 2007

John Baird on the costs of Kyoto

"Baird told the committee that analysis from economists shows implementing the Kyoto Protocol would mean the following:

Gasoline will cost more than $1.60 a litre over the 2008-to-2012 period

275,000 Canadians working today will lose their jobs by 2009

Job loss will cause unemployment rates to rise 25 per cent by 2009

The decline of economic activity in the range of $51 billion"


Better to impove the environment through technology and other means than throwing hundreds of thousands out of work.

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