For the Full Report in PDF Form, please click here.

[Illustrations, footnotes and references available in PDF version]

We are entreated daily that the West must cut its industrial base because the planet is in danger from our CO2 emissions and our politicians happily fall into line to impose draconian energy taxes. There is somewhat of a disconnect when we read that industrialisation is proceeding apace in developing nations, with money from the industrialised nations. The announcement from Fiat, Italy, is another example of global corporations moving their operations to the developing world where they can emit to their heart's content without penalty and get paid by us for doing so, with money we give to the UN for "development".

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