By Ken Silverstein
When The president Obama says the measures that his administration would take to reduce carbon emissions, he spoke eloquently - American citizens "will have the satisfaction of knowing that the world we leave to our children will be better off for what we were doing". The biggest test, however, is to get other polluters of the world to join the crusade, namely China.
The China depends largely on coal to power its economy. But inside and global environmental pressures are forcing them to look at other options that include nuclear energy and hydropower. To do this, he needs a heck of a lot more foreign participation. By its own standards, China needs to attract 200 billion $ in privately by 2030 and will require billions all in 20 years, says the International Energy Agency.
The United States and China together produce about 42 per cent of all greenhouse gas emissions. In this country, the totals are down due to the transition from coal to gas. But in China, they are on the rise, largely because it is the construction of a generator coal per month. While critics denounce heavy use of coal to China, his supporters are optimistic: is an economy growing at 8 per cent per annum while its energy demand is growing even faster. Facilities of coal, however, do more heavy loads.
The irony is that China entered its economic transformation at the same time, the global community is dealing with climate change. China, too, is trying to cope with some leaders of his ruling party, noting that growth there must be protected until this nation gets the only tools to regulate emissions.
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