Friday, October 27, 2023

Why is China Considered a Developing Country Under the UN Montreal Protocol of 1987?

This is probably also what allows China to build hundreds of new coal power plants over the years!

Why is the West so incredibly foolish!

"... Shockingly, China is still classified by the UN as a developing nation, based on its status when the Montreal Protocol was created in 1987. This gives Chinese manufacturers a big advantage under Kigali as compared to their American and other developed-world counterparts. Thanks to the disparate treatment, Chinese manufacturers can continue using HFCs in manufacturing processes for years after their competitors in the developed world will have to undertake a costly transition to new equipment relying on substitutes for HFCs.

Adding insult to injury, China can use its developing nation status to apply to the UN for foreign aid to help it in meeting its requirements under the Kigali Amendment."

UN Montreal Protocol meeting begins in Nairobi - Competitive Enterprise Institute



No comments: