How ‘Red China’ aims to go green without going broke

  • Date: 09-Nov-2021
  • Source: MENAFN
  • Sector:Economy
  • Country:Gulf
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How ‘Red China’ aims to go green without going broke

(MENAFN- Asia Times) Man-made global warming is on everyone's mind these days. Whether one believes man is responsible or not, the fact remains that the Earth's temperature has changed in the past few decades and that has coincided with an increased output of so-called greenhouse gases, such as carbon dioxide and methane. The response of Western governments has been to spend an inordinate amount of money and time shaming and blaming average consumers for simply living their lives. The Western elite's solution, which isn't a solution at all, is to regulate, restrict, and tax natural gas, oil, and other"dirty" fossil fuels while forcing investment in"sustainable" alternatives, such as solar and wind energy. Yet neither conventional solar energy nor wind power offers the kind of efficiency and cost-effectiveness that fossil fuels afford to average consumers. These facts do not matter to wealthy, rent-seeking Western elites. What matters is that these bored and corrupt elites feel good about doing something to"save the world" (at your expense). In China, the world's leading polluter , the regime recognizes the threat that man-made climate change poses to its continued rule. The Communist Party of China's raison d'être is less about imposing Marxism on the masses