There is fear on the economic impact of Kyoto such that:

* the cost of energy is driven up in countries with targets.
* This in turn drives up the price of manufactured goods.
* The higher price of goods means that local manufacturing is reduced
* There are then fewer exports and more goods imported from countries that don't have
* The economic effects of the trade imbalance reduce consumer demand, so we eventually have to use less energy.

... surely it would be better to get on board the new energy economy than be stuck with the dinosaur industries related to fossil fuels! Living in a CLEAN world is what's important.

Needless to say Australia's carbon output is a small fraction of India,China, Indonesia etc. and without 3rd world compliance our efforts are meaningless.