Monday, 7 September 2009

CHINA SAYS THE POLLUTER MUST PAY

This article from Forbes magazine explains the stance being taken by the Chinese on the issue of paying for CO2 reductions. It is an interesting argument, but one way of interpreting this is to put a tax on chinese imports. I know the Chinese do not want this outcome - they want the West to hand over Billions of dollars to them, but another way to stop chinese emissions is to put a tax on them. Watch out China - be careful what you wish for!

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