Kyoto

The Kyoto protocol, which requires developed countries to cut their emissions of greenhouse gases, comes into force today. Unlike most opponents, I do not question the underlying science - but nor do I accept it. We need a policy that will adapt to our rapidly expanding scientific knowledge. We need to mitigate climate change (or its negative effects), whatever is causing it and even if there's no proof that it's happening. See a published article about Climate Stability Bonds here. Or click here for more details about my short book on Climate Stability Bonds.