New Japanese government to wreck economy
Japan's next prime minister, Yukio Hatoyama, yesterday vowed that his incoming centre-left government would pursue a greenhouse gas reduction target of 25 per cent from 1990 levels by 2020. [Note that they are using 1990 as a baseline, meaning the 25% reduction is far more than that when compared to 2000 levels - Ed]
The new target is far more ambitious than the 8 per cent reduction advocated by the outgoing conservative government of Prime Minister Taro Aso, which lost parliamentary elections last week.
"As a mid-term goal, we aim at a 25 per cent reduction by 2020 from 1990, based on the levels demanded by science to stop global warming," said Mr Hatoyama, who is scheduled to take over as prime minister on September 16.
"Our nation will strongly call on major countries around the world to set aggressive goals," said Mr Hatoyama, 62, who last week suggested Japan would seek a greater voice in international diplomacy.
What is it with the Left and climate alarmism? Is it because the Left loves taxing and regulating people out of existence and AGW is the best way to achieve that goal by the back door? You decide. All I know is that China must be rubbing its hands with glee, as yet more of Japan's already depleted electronics industry will be heading their way in the near future…
Read it here.