If implemented, the 1997 Kyoto Accord on greenhouse gases would affect some interested parties more than others. These differential effects help explain why some energy firms, trade associations and countries jumped eagerly on the Kyoto bandwagon—and why others view the Accord as a “protectionist” cartelization device.


Other Independent Review articles by Bruce Yandle
    Spring 2018   Who Is the Forgotten Man (and Woman) on the Fiscal Commons?
    Spring 2018   The Bureaucrat Kings
    Spring 2016   Stagnation by Regulation in America’s Kudzu Economy
[View All (11)]