Byline: CASS R. SUNSTEIN
For the United States, the cost of the Iraq war will soon exceed the anticipated cost of the Kyoto Protocol, the international agreement designed to control greenhouse gases. For both, the cost is somewhere in excess of $300 billion.
These numbers show that the Bush administration was unrealistically optimistic in its prewar prediction that the total cost would be about $50 billion.
And the same numbers raise questions about the Bush administration's claim that the cost of the Kyoto Protocol would be prohibitive, causing (in President Bush's own words) "serious harm to the U.S. economy."
With respect to the Iraq …
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