"John Hall" wrote in message
...
In article ,
Alastair McDonald k
writes:
snip

The idea that Kyoto, which will cause the US to reduce its oil imports,
will damage the US economy is palpably false since it will keep
money in the US and make it richer.

Presumably the US government doesn't agree with that analysis.

AFAIK the US government has not done an analysis. As they see it
there is no need as they have no intention of implementing Kyoto.
"Independant" groups have come up with figure of the "cost" but
they were all financed by the fossil fuel industry. It is fairly easy
to calculate the cost of the energy that would have to be saved, and
claim that is the cost to the US economy, but that argument is false.

The money saved would not exit the US economy. It would be
spent on other goods and services. Because of the multiplier
effect, this would expand and not contract the US economy.

There would be losers - the oil industry for one. So with the
President being an oil man that is not acceptable.

Cheers, Alastair.