Chinese climate policy
It’s getting harder for the U.S. to use Chinese inaction as an excuse.
China’s emissions trading program is slowly forward toward implementation. It’s by no means a perfect program, but it should result in significant emissions reductions. The Chinese program has some features that make it less cost-effective. Nonetheless, researchers at RFF concluded that the climate benefits will be three times the cost of emission reductions. They didn’t …CONTINUE READING
Der Spiegel has a story based on tapes of the behind-the-scenes meetings of world leaders. The headline says it all: The Copenhagen Protocol: How China and India Sabotaged the UN Climate Summit. As usual, the French assessment was the most eloquent: The words suddenly burst out of French President Nicolas Sarkozy: “I say this with …CONTINUE READING