this time it's China. Not that I'm that found of it, but what Krugman want is that the Chinese follow the US on the insane path. How to do that, well the Chinese do produce things, the US people like to buy, and thos things are "cheaper" now, to counterbalance this the Chinese products...
Briefly, Obama succeeded in getting China and India to agree that they need not simply to improve efficiency as they grow, but to make verifiable cuts in emissions. This is a major accomplishment, as it addresses the chief reason why Clinton and Bush refused to submit the Kyoto Protocol to the Senate...
Posted to
TT's Lost in Tokyo
by
TokyoTom
on Wed, Dec 23 2009
Filed under: climate change, China, obama, Copenhagen, Kyoto Protocal