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Posts Tagged ‘Copenhagen’

Is it Ever Possible for the West to See a “Responsible” China?

October 18th, 2010 7 comments

Many in the West have tried to coax China to act more “responsibly.” But is it possible for China to ever act “responsibly”? I don’t think so – not because China is inherently not “responsible,” but because an “irresponsible” China is born out of the imagination of an insecure West. In this atmosphere, the only way for the West to deem China to be “responsible” is for China to stop being an independent polity and tow the Western line. Here is a case in point.

Today James Fallows wrote an interesting article on whether China is merely Self-Interested (as any power is) or “Actively Maligned” against the International Order. I won’t repeat what he wrote, suffice for me to quote his reasonable conclusion that: Read more…

U.N.’s Application of the Clean Development Mechanism to China – Fair or Unfair?

March 5th, 2010 1 comment

As is customary for many over the Chinese New Year, I spent a lot of time cleaning up old junk in my house the last few weeks. As luck would have it, I happened to run over a December article in BusinessWeek reporting that the U.N. had stopped awarding carbon funding of green projects in China. An excerpt of the article (cnn copy) is provided here:

The United Nations body in charge of managing carbon trading has suspended approvals for dozens of Chinese wind farms amid questions over the country’s use of industrial policy to obtain money under the scheme.

China has been by far the biggest beneficiary of the so-called Clean Development Mechanism, a carbon trading system designed to direct funds from wealthy countries to developing nations to cut greenhouse gases.

China has earned 153m carbon credits, worth more than $1bn and making up almost half of the total issued under the UN-run programme in the past five years, according to a Financial Times analysis. The credits are currently trading at about $10-$15 each.

Industrial countries can meet part of their commitments under the 1997 Kyoto protocol to battle global warming by financing projects that mitigate emissions in developing nations. Projects only qualify for credits if the applicants prove they would not have been built anyway, a condition known as “additionality”.

The controversy over Chinese wind farms and other CDM projects will intensify calls for the system to be overhauled at the UN’s Copenhagen conference, which opens on Monday. Read more…

Copenhagen Agreement

December 19th, 2009 174 comments

Apparently, after much drama, intrigue, and sleepless nights, we have some sort of agreement at Copenhagen. We’ll probably get the text of the Copenhagen Agreement soon. But I think the gist of it is as follows: Read more…