Apparently not signing the Kyoto treaty wasn't such a blunder. The objections to exemptions for China appear to have been valid (see http://www.carbonoffsetsdaily.com/top-stories/carbon-credit-dollars-to-flow-through-china-dams-but-may-do-little-for-climate-3984.htm). Cap and trade provisions enrich China at the expense of Europe. Considering how much of our debt the Chinese already hold, it seems insanity to give them yet another opportunity to take our wealth away. With respect -Joel
Showing posts with label hydroelectric. Show all posts
Showing posts with label hydroelectric. Show all posts
Wednesday, March 25, 2009
Cap and Trade
Apparently not signing the Kyoto treaty wasn't such a blunder. The objections to exemptions for China appear to have been valid (see http://www.carbonoffsetsdaily.com/top-stories/carbon-credit-dollars-to-flow-through-china-dams-but-may-do-little-for-climate-3984.htm). Cap and trade provisions enrich China at the expense of Europe. Considering how much of our debt the Chinese already hold, it seems insanity to give them yet another opportunity to take our wealth away. With respect -Joel
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