A global super-fund?
16th 2006f August, 2006, PeterIn an op-ed article in today’s FT, Columbia University Professor Jagdish Bhagwati argues that the Kyoto Protocol was rightfully rejected by the USA because it made insufficient demands of India and China. Because the protocol mainly penalized countries with high historical carbon emissions, these two newly-industrialising countries escaped penalties, even though are now major greenhouse [...]
