Opt Out

Japan has decided to withdraw its support for the most important treaty in the history of modern civilization. Recently they and several other countries made it clear there is no future plans to participate in renewing the Kyoto Protocol on there part, which is due to expire in 2012. This is bad news in an attempt to get all major industrialized nations on board for reinstatement. Setting a price on carbon worldwide is of the utmost importance in transitioning from fossil fuels to the renewable energy sector. As global warming related weather disasters continue to increase worldwide, so does the high cost of natural and economic resources. Global warming could soon trump fiscal ignorance and geopolitical sentiment, as the leading driver mechanism expanding national debt, as countries dump massive liquidity into rebuilding infrastructure to offset these disasters. Mankind has made great progress in recognizing his part in this pivotal issue, now is not the time for complacency or regression.