Kyoto and the G8: A Day Late and a Euro Short By Marc Sheppard
Later this year, China will overtake the United States as the world's leading emitter of greenhouse gases (GHG). At that time, some of the pressure to accept egregious UN-based Kyoto-style protocols will shift eastward from Washington to Beijing.
It is that impending inversion which distinguishes this week's G8 summit in Heiligendamm, Germany, as the EU alarmists' last-gasp effort to impose their flawed and failing cap-and-trade policies on America, and ultimately, the entire world.
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