Even American environmentalists know China's "climate" policies are utterly toothless, but they continue to push Joe into forcing America to unilaterally go net-zero and implode our economy.
National Review (8/30/21) column: "As planned, China’s new emissions-trading scheme (ETS) is doing nothing to reduce its emissions. Launched in July, the ETS encompasses 2,200 companies that operate coal- and natural-gas-fired power plants — facilities responsible for 40 percent of China’s total greenhouse-gas emissions. It builds upon pilot programs in seven delimited regions — including Beijing, Shanghai, and Chongqing — that began in 2013...However much the scheme may have been hailed, this emperor wears no clothes. Even if we account for an intensity-based system’s low expectations, China’s ETS will encounter another set of hurdles around compliance and enforcement...If the trading of limitless permits is indeed the last piece of the puzzle for China’s emissions plan, what incentive could there possibly be elsewhere — such as in the United States — to tighten self-imposed firm emissions caps or to impose punishing carbon taxes? China’s emissions-trading scheme shows no indication it will curb the country’s growing appetite for coal, oil, or natural gas — but it was never meant to. Thanks in part to the environmental agitprop of American activists, China’s ETS will serve its purpose: shielding China from criticism as it increases its emissions with each successive year."
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"Economic prosperity allows countries to invest in new technologies and policies that improve not only environmental health but also the well-being of the people. Thus, if we want to continue to improve our relationship with the environment and human progress, we should be more supportive of economic growth and the entrepreneurship that drives it."
– Ryan M. Yonk, AIER
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