New Zealand's Oopsie

Remember last week I posted that, thanks to New Zealand's signing the Kyoto Protocols, that every family there would incur a $900 bill for greenhouse gas pollution, even though New Zealand produces only .2% (two-tenths of one percent) of greenhouse gasses?

Well, I was wrong.

Seems that government accountants mixed up their plus and minus signs and what was a $500 million credit is actually a $500 deficit! Not only that, but an international accounting firm says that those same government accountants have seriously underestimated the liability.

Each New Zealand family wouldn't owe merely $900, but possibly as much as $2700!

Yeah, Kyoto is such a good deal for the US.