Here's a question for you: is one of the problems with Kyoto the fact that powerful developing nations, including 2 of the biggest powers in our region, hijacked it and turned it into a wealth relocation exercise?
If China are on a steep growth spurt, and confident enough to threaten neighbours, and may even be taking over the manufacture of bloody Vegemite before long, why do they need welfare?
I don't think it was just the US who scuttled this process.
That measure, it does not mean what you think it means - This is based on a comment I made here. When trying to tease out what sorts of policies work and what do not, people often make cross-country comparisons ...
8 hours ago