iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

China Says Let the U.S. Pay for Our Pollution Control

“China, whose government is short on cash, is disingenuously agreeing to join with other nations in pursuing reduction of emissions from its industries, but there’s a catch: they want U.S. taxpayers to buy more products from Chinese industries to offset the fees they incur from their pollution.

The Doha conferences in November and December of last year called for the Kyoto Protocol to extend to 2020, an essentially meaningless gesture because China abandoned Kyoto in 2011; Russia, Canada and Japan have walked out, too. Only 15% of the world’s emissions are now covered by the Protocol. The U.S. never ratified the Kyoto Protocol because it left China, the worst producer of greenhouse gases, without an emissions cap….”

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