NoTricksZone
"The situation in global climate politics can be summarized in short: There isn’t any.
Especially the emerging economies of Asia are refusing to allow their possibilities for growth to be curbed by obligatory CO2 reductions. Everywhere globally climate laws are being buried for good or put on ice. Especially the once ballyhooed instrument of emissions trading is obsolete. China, India and Australia are waving goodbye. In the USA the Chicago Climate Exchange was closed just after the last midterm Congressional elections. Just before that, the self-anointed climate pope Al Gore cashed in by selling his shares. “Climate politics is a dead project“ is the word in Washington today. Yet, the EU is still clinging to all measures and is even discussing making them even stricter. As a result, we are now left alone with the political costs of CO2 reduction. We are ignoring international reality with an amazing level of tenacity."
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