Wednesday, November 16, 2011

Rio Tinto To Close Aluminium Smelter Due To Chris Huhne's Green Energy Legislation

Rio Tinto Alcan to close Lynemouth aluminium smelter. "It is clear the smelter is no longer a sustainable business because its energy costs are increasing significantly, due largely to emerging legislation."

Climate change: Pessimism over Durban Conference,future of Kyoto Protocol | www.commodityonline.com | 3

According to Barclays Capital, the chief problem with Kyoto Protocol stems from the strict division of the world into those parties that need to make absolute emission reductions and those that need not make absolute reductions, making the protocol dificult to implement. "Clearly, the strict division in the Kyoto Protocol (KP) between those countries that must rduce and those that do not have to has meant that the KP is held on to tightly by most of G77, while being opposed by some of the largest developed nations. The world's largest polluter, the United States of America has not ratified the treaty while European Union has agreed to a 20% reduction against 1990 levels.

1 comment:

Anonymous said...

Europe has agreed to a CO2 reduction and they are going bankrupt, starving Europeans will end the Global Warming Hoax.
The fact that the "greenhouse gas effect" has never been proven with creditable experiments will sink in one of these days. Only then will the AGW fanatics be silenced.