Breaking: China And India Walking Out Of Copenhagen Summit
I never thought I’d be cheering the Chinese communists on for much of anything, but they got this one right:
Copenhagen: India and China have taken a united stand and walked out of the climate summit as Copenhagen talks fail.
Tensions prevailed at the climate talks at Copenhagen today, as Indian prime minister Manmohan Singh and China premier Wen Jiabao walked out of the summit along with their respective delegations, as talks failed.
The principle of common but differentiated responsibility must be adhered to and developed countries must honour their commitments, Chinese premier Wen Jiabao said at the climate meet.
He also said that China takes the issue of climate change “very seriously”, and regards it as an important strategic task. He vowed that China will not only achieve but exceed its voluntary climate action targets.
Whatever their rhetoric, the real issue here is that India and China (both still developing economies with a long ways to go before reaching the widespread affluence of the United States and Europe) realize that limiting carbon emissions means limiting prosperity. Hamstringing production may, oddly enough, may not look that bad to nations that have already achieved a certain level of prosperity but to nations like China and India this isn’t a good deal at all.
If China and India want to continue to modernize their economies they need production. The emissions controls being proposed in Copenhagen are the antithesis of production. And no amount of international welfare is going to make nations like China and India change their minds.



