On Tuesday, June 25, 2013 9:11:38 AM UTC+1, Hugh Newbury wrote:
http://www.eia-international.org/exp...er-next-decade



The Environmental Investigation Agency is warning of a possible disaster

if China bans trading of climate credits for the incineration of HFC-23,

thus making it no longer financially viable to destroy the gas, which is

15,000 times more damaging to the climate than CO2.



I don't want to start a war here, but what do people who know about such

things think of this.



Hugh



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Hugh Newbury



www.evershot-weather.org

I wonder if this is just brinkmanship by Beijing, possibly trying to gain leverage over not devaluing the renminbi? A devaluation there could create a credit crunch that would dwarf what happened in the west in 2008. There's a political angle there somewhere