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China seeks to cap and trade the American consumer

chinese flagHere's the tip: It might be time to pull investments from Chinese manufacturing and export interests.

According to an Associated Press report, which features some mind numbing quotes from Li Gao, China's chief climate negotiator, it may soon become far more economically practical to manufacture products here, at home, in the good old USA.

It seems that the obviously arrogant Mr. Gao, and the communist nation that he represents, have decided that we, consumers, should bear the brunt of the expense for that nation's carbon emission load. The logic used to back this assertion, while certainly passing as logic, serves as nothing more than a spotlight on the fundamentally flawed "cap and trade" carbon emissions boondoggle that is slowly unfolding.

Continue reading China seeks to cap and trade the American consumer

Canada pressures U.S., China, India at climate conference

Exhaust pipe The Bush administration opposes a United Nations draft proposal calling on developed nations to make binding emissions cuts of 25%-40% by 2020, Bloomberg News reported Monday.

A U.N. draft document will call for industrialized nations to implement those cuts as part of a proposal to replace the Kyoto Protocol, Reuters reported Monday. Representatives from 187 nations are meeting in Bali for global climate talks.

Environmental and international group leaders hope to replace the Kyoto Protocol, which expires in 2012, with the new U.N. agreement, preferably by 2009. The United States is the only developed nation to reject the Kyoto Protocol. U.S. senior climate negotiator Harlan Watson said Monday that the U.S.'s "principal difficulty with having any numbers in the text to begin with is that it might prejudge outcomes,'' Bloomberg News reported.

Continue reading Canada pressures U.S., China, India at climate conference

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Last updated: November 25, 2009: 07:58 PM

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