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Economic Implications

A large part of the controversy over whether or not Kyoto should be ratified is centred around the economic implications of ratification. There are those who argue that the economic costs of Kyoto are too high. Others point to evidence that ratification will bring a net economic benefit.

According to research conducted by the Canadian Centre for Policy Alternatives, the federal plan for implementing Kyoto shows that the Canadian economy will still grow by 30% between 2000 and 2012. Alberta's economy will grow by 26%. Over a million new jobs will be created. No Canadian industrial sector will face increased costs of more than 2.5% over ten years (and most will be well under 1%).

The list below contains links to sites that explore in more detail the economic implications of ratifying Kyoto.