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Is Bush right?

A big reduction in carbon emissions is a costly and unrealistic response to global warming. Time to rethink

By Bjorn Lomborg   July 2001

Global warming matters. There is no doubt that mankind is increasing atmospheric concentrations of CO2 and that this will influence temperature. Yet too much debate is fixated on reducing emissions without regard to cost or to human welfare.

In the Kyoto Protocol, the world set itself the ambition of cutting its carbon emissions to 5.2 per cent below 1990 levels in 2010, or a reduction of almost 30 per cent compared to no intervention. It was the implementation of this deal that broke down in the Hague in November and Kyoto was further stymied by the Bush administration’s near-rejection earlier…

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