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Commodities Briefing - Categorized | Energy, Market Moves more

Is China the new green superpower?

Posted on 15 August 2012

While Europe and the US’s growth figures continue to limp along, China’s economic expansion remains remarkably resilient in the face of the global economic crisis. Chinese economic growth is reflected both in its growing carbon footprint and the increasing number of trade complaints it’s involved in.
In an interview with China Daily last week, former Chancellor and climate skeptic Nigel Lawson, defended China’s predominantly coal-fuelled growth, and warned against imposing emissions targets or trade barriers on the country. But does this really reflect where China is at?……………………………………….Full Article: Source


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