The climate change stampede

Are you confused about the 2-week conference that concluded last week in The Hague on climate change? You should be. Like everything else about this issue, the conference was premature. It was, like so many activities related to climate change, part of a stampede to raise taxes and regulate human behavior.The Sixth Conference of the Parties to the United Nations Framework Convention on Climate Change, or COP-6, focused on implementation of the famous Kyoto Protocol of 1997 (see Watching the World, p. 25). The protocol, named for the city in Japan where it was fashioned, calls on developed countries to cut emissions of greenhouse gases by various amounts averaging 5.2% from 1990 levels dur...

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