I’m glad the Eurolibs are getting it:
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.
It projects that by 2010, Spain’s growth will have fallen by 3%, and that Italy’s will shrink by 2%.
Considering how low European economic growth is, both because they voluntarily restrict it and because, well, they do not really have many products to sell beyond chocolate. Most European cars sold in the US are made in the US, for reference.
