Chinese air cleaning organisation threatens to stop incenirating gas - Polidicks

Source - [url=http://www.marketwatch.com/story/china-threatens-massive-venting-of-super-greenhouse-gases-in-attempt-to-extort-billions-as-unfccc-meeting-approaches-2011-11-08]Market Watch[/url] (Affiliated with Wall Street Journal) [release]WASHINGTON, Nov. 8, 2011 /PRNewswire via COMTEX/ -- [b]In the run-up to the international climate negotiations in Durban later this month, China has responded to efforts to ban the trading of widely discredited HFC-23 offsets by threatening to release huge amounts of the potent industrial chemical into the atmosphere unless other nations pay what amounts to a climate ransom.[/b] China's threat comes after the European Union and other nations moved to ban HFC-23 credits from internal carbon markets in recognition of the perverse incentives created by these credits under the UN Clean Development Mechanism (CDM). The vast amounts paid for HFC-23 offsets have led factories in China and elsewhere to manufacture far more HCFC-22 and its HFC-23 by-product than necessary, just to maximize the amounts paid to destroy HFC-23 through the UN-backed carbon trading scheme. [b]In a shocking attempt to blackmail the international community, Xie Fei, revenue management director at the China Clean Development Mechanism Fund, threatened: "If there's no trading of [HFC-23] credits, they'll stop incinerating the gases" and vent them directly into the atmosphere.[/b] Speaking at the Carbon Forum Asia in Singapore last week, Xie Fei claimed he spoke for "almost all the big Chinese producers of HFCs who "can't bear the cost" and maintain that "they'll lose competitiveness". [/release] It's a complex issue, here's a good summary from someone else: [quote]TL;DR: international offsets program highly incentivizes Chinese companies to dispose of a pollutant in a certain way. If the pollutant were banned these companies would lose profit for its' disposal, so they want to keep creating and destroying the pollutant, and are willing to threaten adverse environmental consequences to keep the incentive program in place.[/quote] Fuck China. (not my title)

[img]http://upload.wikimedia.org/wikipedia/en/1/16/Drevil_million_dollars.jpg[/img] Basically this.

Well, better buy a few extra filters for my gasmask.

Sure China while we're at it, the US is might as well use their influence to force recipients of IMF reform and WB loans to raise tariffs on chinese imports

They wouldn't dare. [sub][sub][sub][sub]we're fucked[/sub][/sub][/sub][/sub]

Ass-backwards way of thinking will land us ass-backwards into the dirt sooner or later

Time to throw an EMP into china

uh huh sure

nuke them

I was wondering what they were going to do about all that money we owe them.

wow China you do realise you use that atmosphere to you know? That would be like burning down your own house to stop paying the mortgage

God damn comunists

What a bunch of pricks. How can you hold the atmosphere at ransom o.O

China needs a embargo.

[I]OH SHIT.[/I] [img]http://images2.wikia.nocookie.net/__cb20091007091517/half-life/en/images/1/13/Wasteland_Airex_skybox.jpg[/img] [h2]AIR-EX. EETZ REAL!![/h2]

I doubt they're bluffing, they've already raped their own land and water with industrial waste. Why don't we just sell HFC-22 and HFC-23 to China?

Go ahead, you'll fuck yourselves over too. You're basically saying we're gonna commit suicide, and we're taking everyone with us if you don't pay us. Ok have fun.

Nuke them from orbit,What?,Its the only way to be sure.

[QUOTE=_Chewgum;33201794]nuke them[/QUOTE] use things which immensely damage the environment to stop people damaging the environment... so crazy it just might work!

World war 3. I can feel it.

[QUOTE=Borg184;33201825]Go ahead, you'll fuck yourselves over too. You're basically saying we're gonna commit suicide, and we're taking everyone with us if you don't pay us. Ok have fun.[/QUOTE] And they'll die first so fuck that shit.

[QUOTE=Rubs10;33201795]I was wondering what they were going to do about all that money we owe them.[/QUOTE]Not much because they're more dependent on us than we are on them. If the U.S. ever decided to cut off trade with China, we'd cripple their economy pretty much permanently. We'd take a hit too, but we could recover from it and come back stronger. China, not so much. Also, a large portion of the debt is owed back to the American populous. China has a decent sized stake in the debt, but so do many other nations and financial institutions. [editline]9th November 2011[/editline] [QUOTE=Contag;33201838]use things which immensely damage the environment to stop people damaging the environment... so crazy it just might work![/QUOTE]Once in a million years, those ideas do work. But not that one probably.

we all gonna dieeeee

wow holy shit i figured the headline was just grossly exaggerating china deciding they weren't going to accept new environmental regulations or something they really are holding the environment at ransom :v:

Was hoping for badage boys. We're fucked :(

You know, after seeing this, it's kind of scary [video=youtube;naK-VPqRP6k]http://www.youtube.com/watch?v=naK-VPqRP6k[/video]

I wonder if anyone's going to spin this into being considered global bioterrorism or something. inb4ww3 i guess

[QUOTE=Die_Hard;33201938]You know, after seeing this, it's kind of scary [video=youtube;naK-VPqRP6k]http://www.youtube.com/watch?v=naK-VPqRP6k[/video][/QUOTE] And remember, its just a test. How many times can he say that?

I'm for building giant self-supplying air bubbles with a population of 500k and letting China strangle themselves in one of the most spectacular ways possible Really now, fuck China

[QUOTE=Hans-Gunther 3.;33202000]I'm for building giant self-supplying air bubbles with a population of 500k and letting China strangle themselves in one of the most spectacular ways possible[/QUOTE]Where did you steal that idea from?