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China-Japan-Koreas
China Imperils The MMGW Scam With Threat
2011-11-09
In the run-up to the international climate negotiations in Durban later this month, China has responded to efforts to ban the trading of widely discredited HFC-23 offsets by threatening to release huge amounts of the potent industrial chemical into the atmosphere unless other nations pay what amounts to a climate ransom.

China's threat comes after the European Union and other nations moved to ban HFC-23 credits from internal carbon markets in recognition of the perverse incentives created by these credits under the UN Clean Development Mechanism (CDM). The vast amounts paid for HFC-23 offsets have led factories in China and elsewhere to manufacture far more HCFC-22 and its HFC-23 by-product than necessary, just to maximize the amounts paid to destroy HFC-23 through the UN-backed carbon trading scheme.
And if China goes through with its threat, and nothing much happens, a lot of western schemers 'gonna have a lot of 'splainin' to do'.
Posted by:Anonymoose

#5  NEWS KERALA > CLIMATE CHANGE THREATENS CHINA'S CROPS, WARNS EXPERT, espec per its three staples as below.

Rice crop yields could decrease 4-14%, Wheat 2-26%, + Corn/Maize could drop 1-23%, by Year 2050.

* As per CHINESE MIL FORUM = MANY ORDINARY CHINESE WANT BEIJING TO FOREGO ANY BAILOUT OF THE EUROZONE UNLESS CHINA'S OWN PROBLEMS ARE RESOLVED FIRST.

IOW, Beijing = CPC should spend China's wealth on Chinese, not on the "foreign devils".
Posted by: JosephMendiola   2011-11-09 21:44  

#4  It's not helping that our Whitehouse is starting a trade war with them over solar panels. Sheer Genius these guys.
Posted by: newc   2011-11-09 20:43  

#3  Uh, uh, D *** NG IT, DOES THIS MEAN CHINA IS NOT TAKING OVER THE BURRITO INDUSTRY FROM MEXICO???

LOL.

[BLAZING SADDLES = SLIM "I think you Boyz have had Enuff" PICKENS + CAMPFIRE BEANS/FLATULENCE here].
Posted by: JosephMendiola   2011-11-09 19:35  

#2  Funny, I read UN clean development as unclean development which sounds more fitting based on this article.
Posted by: Tyranysaurus Angeng1847   2011-11-09 12:34  

#1  This is how they repay us for letting them do our manufacturing. They might think twice, though, if our leaders had the balls to slap some tariffs on them.
Posted by: Ebbang Uluque6305   2011-11-09 11:50  

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