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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: bentway who wrote (239673)2/28/2010 12:08:08 PM
From: pheilman_Read Replies (1) of 306849
 
Still O.T. Quoting Al Gore:

This comes with painful costs. China, now the world’s largest and fastest-growing source of global-warming pollution, had privately signaled early last year that if the United States passed meaningful legislation, it would join in serious efforts to produce an effective treaty. When the Senate failed to follow the lead of the House of Representatives, forcing the president to go to Copenhagen without a new law in hand, the Chinese balked. With the two largest polluters refusing to act, the world community was paralyzed.

Really Al? China's leaders told you in private that if only the US would limit its CO2 output they would follow suit? What a f*cking fool, they won't stop the continued industrialization of their country as it would lead to unrest.
No Al, China will continue to build coal fired power plants as fast as they need them. They will continue to mine coal and burn it for heat and power. They will continue to screw up and light veins of coal beneath the ground on fire that cannot be extinguished. They are going to have to get a lot wealthier before they can mess about worrying about CO2 emissions.

...underground fires in China alone contribute as much CO2 to the atmosphere each year as all the cars and light trucks in the U.S....

Source (also the NY Times, sort of)
freakonomics.blogs.nytimes.com
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