Wednesday, January 20, 2010

Ron Bailey at Reason:
Basically, China was promising to speed up the normal economic process in which the constant drive of competition pushes industries to continuously cut costs by reducing the amount of energy they use to produce goods and services. For example, the United States has cut its carbon emissions per dollar of GDP by about 45 percent since 1980, largely without government intervention.
Copyright © Swing Right Rudie
A notebook to myself