John Howard (Bennelong, Liberal Party, Prime Minister) Share this | Hansard source

not assumed by countries like China and Indonesia. As a result it would be more economic for investments carrying the creation of thousands of jobs to be made in countries like China and Indonesia rather than in Australia. That, in a nutshell, is the reason why we are not in favour of signing Kyoto. We are in favour, and we are giving effect to the favour, of encouraging investment in technologies that will reduce the greenhouse gas emissions of fossil fuel. We have signed up to the Asia-Pacific partnership for development and energy. Kyoto was essentially constructed by the Europeans to suit the Europeans.

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