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China officially crowned as biggest polluter |
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Written by Stumo
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Monday, 16 June 2008 |
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Bad news for the environment.
China has clearly overtaken the United States as the worlds
leading emitter of carbon dioxide, the main heat-trapping gas, a new
study has found, its emissions increasing 8 percent in 2007. The
Chinese increase accounted for two-thirds of the growth in the years
global greenhouse gas emissions, the study found.
The report, released Friday by the Netherlands Environmental
Assessment Agency, found that in 2007 Chinas emissions were 14 percent
higher than those of the United States.
14% greater than the U.S. Amazing.
The country's policies tune all cylinders towards export. U.S.
companies have to abide substantial emissions rules. The percentage of
total U.S. air pollution emitted by industry is less than half the
percentage emitted by Chinese industry. The result is a regulatory
subsidy that the editorial boards refuse to recognize as they scold us for not adopting more trade agreements, faster.
There cannot be a solution to the global climate change questions
without China being integrally involved, said [Orville Schell,
director of the Center on U.S.-China Relations at the Asia Society in
New York].
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In the news
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The following article appeared on the online site for Manufacturing & Technology News on November 17, 2008 and was written by Paul Craig Roberts, former Assistant Secretary of the Treasury in the Reagan administration.
By most accounts the U.S. economy is in serious trouble. Robert Reich, an adviser to President-elect Obama, calls it a "mini-depression," but that designation might be optimistic. Russian economist Mikhail Khazin says that the "U.S. will soon face a second Great Depression." It is possible that even Khazin is optimistic.
I cannot predict the future. However, I can explain what the problems are, how they differ from past times of troubles and why traditional remedies, such as the public works programs that Reich proposes, are unlikely to succeed in reviving the U.S. economy. |
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