Kyoto to ‘reduce Europe’s growth’

Meeting Kyoto Protocol targets on greenhouse gas emissions will reduce European economic growth significantly. That is the finding of a new study from the International Council for Capital Formation, a market-based think tank. Dr. Margo Thorning, Managing Director of the ICCF presented the results of new studies of the economic cost of reducing carbon dioxide emissions by the energy sectors in Italy, Spain and the UK at a workshop Brussels, 18 October 2005.

International Council for Capital Formation: Climate Change Policy http://www.iccfglobal.org/research/climate/index.html

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