Wastgate,
the Euro nations ALL signed Kyoto, and look at the Euro...
Actually if the Dollar were hurt by Kyoto, the US economy wouldn't be in the shambles it is.
The emissions of the US are not heavy industry, but private traffic and consumption.
The US's CO2 problem stems from Florida air conditioning, not from Pittsburg steel mills.
If the US still had a heavy industry that could have been hurt by Kyoto, it would also have something to export, hence a lesser trade deficit and a more stable dollar.
US companies own heavy industry, but this industry goes on the climate deficit of China or India.
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