Requiem for Kyoto: An Economic Analysis of the Kyoto Protocol
Yale economists William Nordhaus and Joseph Boyer examine the economic impacts of Kyoto and conclude it will be highly cost-ineffective. They find the net global cost of the Kyoto Protocol is $716 billion; the United States bears almost two-thirds of the global cost; and the cost-benefit ratio of the Kyoto Protocol is 7 to 1.
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