China Climate Change Control strategy is working. Slow economic growth during the Great Recession has reduced carbon emissions around the world. No where is this more clear than China. The International Energy Agency reduced 2020 carbon level projections by 5%. China is slowing its increase in carbon emissions much more quickly than anticipated due to its intensive funding of wind, nuclear power and energy efficiency.
“This gives us a chance to make real progress toward a clean energy future but only if the right policies are promptly put in place,” said Nobuto Tanaka, the International Energy Agency’s Chief Executive.
The Great Recession will decrease carbon by 3% a year from 2008 to 2010, the biggest decline in 45 years. Average annual carbon growth in the past 10 years is about 3%. The Agency aims to restrain temperatures from increasing more than 3.6 degrees Fahrenheit and decrease carbon 23% by 2030. The cost is $10 trillion between 2010 and 2030. Lower energy bills offset the investment. Each year of inaction increases necessary investment by $500 billion.
China is the world’s largest carbon producer but the U.S. is still biggest per capita carbon producer, a more meaningful measure to reduce. If China can attain its carbon reduction goals it will be, “at the forefront of all global efforts to combat Climate Change,” Faith Birol, Chief Economist of the International Energy Agency said. China wants the U.S to cut carbon by 40% by 2020 over 1990 levels. The U.S. has no carbon policy now.
In July of 2010 China’s Industry Ministry shuttered thousands of old, outdated coal power plants, cement, steel and glass factories and mandated that the top 1,000 power utilities by Carbon Credits from the Central Bank at a steep price to fund its 20% Renewable Energy Power Generation target by 2020, a classic Reagan Era Free Market Based Incentive Stimulus to cap carbon and trade pollution permits at modest cost to industry.
The United States meanwhile still pokes its belly button from Left to Right over basic principles in the Constitution life Free Speech, Free Press, and Free Religion. The Armey led Texas Teabagger Neo-Nazi movement led by a Palin-Gingritch 2012 ticket seeks to lynch Mexicans who are refugees in religious Sanctuaries of the Christians, Judaism and Islam. Mexicans, flee to a church now! Ahora! See if Palin-Armey-Gingritch Fascists really believe in God, or just those who give the scum money!
for more origianl content before its here se AirQualityTrends.com