Mississippi business and political leaders held a press conference in Jackson last week to blast the U.N.’s ominous Kyoto protocol on global climate change and the devastating impact the document could have on the state’s economy if adopted.
A study by the respected and non-partisan Wharton Econometrics Forecasting Associates predicts drastic job and income losses for Mississippi, together with major cost increases for the state’s energy, food and health care sectors if the controversial global warming treaty is ratified.
How bad could it be? A Wharton study anticipates:
• the loss of 20,900 Mississippi jobs — 12,000 in manufacturing alone;
• manufacturing workers’ wages would be reduced by 3.8%;
• gas could shoot up 50