"Growing Recognition of Economic Costs" of Koyoto Protocol
Commentary on the Kyoto Protocol:
(p. 3) . . . the current stalemate is not just because of the inadequacies of the protocol. It is also a response to the world's ballooning energy appetite, which, largely because of economic growth in China, has exceeded almost everyone's expectations. And there are still no viable alternatives to fossil fuels, the main source of greenhouse gases.
Then, too, there is a growing recognition of the economic costs incurred by signing on to the Kyoto Protocol.
As Prime Minister Tony Blair of Britain, a proponent of emissions targets, said in a statement on Nov. 1: ''The blunt truth about the politics of climate change is that no country will want to sacrifice its economy in order to meet this challenge.''
This is as true, in different ways, in developed nations with high unemployment, like Germany and France, as it is in Russia, which said last week that it may have spot energy shortages this winter.
. . .
The only real answer at the moment is still far out on the horizon: nonpolluting energy sources. But the amount of money being devoted to research and develop such technologies, much less install them, is nowhere near the scale of the problem, many experts on energy technology said.
Enormous investments in basic research have to be made promptly, even with the knowledge that most of the research is likely to fail, if there is to be any chance of creating options for the world's vastly increased energy thirst in a few decades, said Richard G. Richels, an economist at the Electric Power Research Institute, a nonprofit center for energy and environment research.
''The train is not leaving the station, and it needs to leave the station,'' Mr. Richels said. ''If we don't have the technologies available at that time, it's going to be a mess.''
For the full commentary, see:
ANDREW C. REVKIN. "THE WORLD; On Climate Change, a Change of Thinking." The New York Times, Section 4 (Sun., December 4, 2005): 3.
(Note: ellipsis added.)