Several decades back, I sat (attentively) through a briefing on the Kyoto Protocol. A colleague of mine asked me what it was all about.
I told him it was an economic plan drawn up by environmentalists and doomed to failure. Boy, I was wrong.
No doubt the protocol was an economic scheme. Basically, the smart folks at the United Nations Framework Convention on Climate Change (UNFCCC) came up with a new, global currency — carbon.
