Bush's growth and tech-based alternative to Kyoto

(1) The Kyoto Treaty was always a flawed treaty.  It failed to cover developing nations – who will account for 50% of greenhouse gas emissions by 2025 - and it also risked a negative impact on economic growth.  In that regard Kyoto was a classic case of tomato environmentalism - it started off looking ‘green’ but has ended up producing 'red-coloured' bigger state solutions.  The regulatory ethos, hardwired into the Kyoto treaty, explains much of the sclerosis bedeviling Kyoto’s main champions - the inflexible eurozone nations.