Japan vows $100M to stem climate change

[DeclinetoState]

Fools and their money . . .


By HANS GREIMEL, Associated Press Writer
Sun May 6, 10:35 AM ET

KYOTO, Japan - Japan pledged $100 million in grants to the Asian Development Bank on Sunday to combat global warming and promote greener investment in the region and called for a stronger international agreement to cut greenhouse gas emissions.

The money is part of a new initiative by the government in Tokyo to support sustainable development in response to increasing concern that Asia's breakneck economic growth is destroying the environment. It comes just days after a breakthrough agreement in Thailand set the world's first roadmap for fighting climate change.

Addressing environmental problems is a priority at the ADB, which was founded four decades ago to fight poverty through economic growth. The ADB is working to counter the mentality that poor nations that want progress must sacrifice the environment — and criticism that the bank funds rampant development.
Link (http://news.yahoo.com/s/ap/20070506/ap_on_re_as/asia_climate_change;_ylt=AimWsSFi7BqAztdH5bUVxkvMW M0F)

[DoctorDoom]

Send me the $100 mill. I'll use it as wisely as anything they'll do with it.

And the junk science continues.

[hellinon]

100 million is less than the trillions pushed in Kyoto. But it is still stupid.

[DeclinetoState]

Give me $100,000,000. I'll use it to build a jail for Paris Hilton so that she can spend her 45 days in solitary confinement.

[Naturalized-Texan]

100 million is less than the trillions pushed in Kyoto. But it is still stupid.
For the U.S. to comply with the Kyoto Protocol would cost the economy $50 TRILLION and if every developed nation would comply with Kyoto it would only reduce global temperatures by 0.07 deg. C over 50 years.