Saturday, March 24, 2007
YAY CHINA
Sir Nicholas Stern celebrates Chinese enlightenment:
It is true, he says, that China is adding a new coal-fired power station every two weeks. But it is reforesting and has pledged to cut by 20 per cent energy use per unit of output in the next five years. It has imposed high taxes on four-wheel-drives and “you can’t export an American car to China: it does not satisfy the emissions standards”.
Of course, there may also be a few standards issues involved in the export of Chinese cars to the US.