Hand over $300 Billion or no talks

China Sends Global Warming Ransom Note

By Dennis Avery —— Bio and Archives--November 3, 2008

Global Warming-Energy-Environment | Comments | Back To Full Article

China has now destroyed Western hopes for a new global warming agreement, just weeks before global talks in Poland aimed at writing a successor for the Kyoto Protocol— which expires in 2012. China has attached a ransom not to its Polish meeting RSVP: They might go along with a new warming pact if the rich countries agree to hand over 1 percent of their GDP—about $300 billion per year—to finance the required non-fossil, higher-cost energy systems the West wants the developing countries to use.

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