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Sunday, December 2, 2012

And This Is The Problem Folks -- (NOT A BAKKEN STORY) -- And, It's Not The US; China Passes US As #1 Global Trader; China: The New Economic SuperPower

Of the top ten CO2 producers, Germany and the United States were the only two countries that reduced their CO2 emissions last year. Yup, the United States was one of only two.

Question: Where did the overwhelming majority of the increase in CO2 emissions come from?

A hint: this country, along with India, are exempt from the Kyoto Protocol limitations on CO2 emissions because they are still developing nations. LOL. Developing.

Answer: China.

Global warming conferees say that it is now all but impossible to maximize global warming to two (2) -- yes, two -- degrees. Over the course of a century or thereabouts.

By the way, other than through the global recession, how did Germany and the US do it? Germany: through wind. US: through natural gas obtained by fracking. Just saying. And Germany may thrown in the towel on any more wind -- it's just too expensive. Links provided in earlier posts.

With regard to China as a developing country, how about this:
Shin Cheol-soo no longer sees his future in the United States.
The South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted his family from Detroit and moved home to focus on selling to the new economic superpower: China.
In just five years, China has surpassed the United States as a trading partner for much of the world, including U.S. allies such as South Korea and Australia, according to an Associated Press analysis of trade data.
As recently as 2006, the U.S. was the larger trading partner for 127 countries, versus just 70 for China. By last year the two had clearly traded places: 124 countries for China, 76 for the U.S.
I'll start taking the global warming folks a bit more seriously when they start taking China a bit more seriously. 

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