August 26, 2010

The Dragon’s Dissent Part II: Carbon Tax As A Trade Weapon

The Dragon’s Dissent Part II: Carbon Tax As A Trade Weapon
By Ozboy
Liberty Gibbert Blog

The publication of the Introduction to Low Carbon Plot by Gou Hongyang, on this forum twelve days ago caused reverberations around the world. In it, we saw how China dismissed the purported scientific consensus on Catastrophic Anthropogenic Global Warming (CAGW), regarding its driving force rather as political—a plot by Western governments and business to protect their own lifestyles at the expense of the developing world.

That was the why. Today, we examine the how. In his latest dispatch, LibertyGibbert’s resident China correspondent, Locusts, has translated into English for us from the same book, Chapter 1.4: Standing Before the Great Enemy. You can navigate to it from the Rare Scribbling menu at the top of this page, or just click here.

In this excerpt, Gou Hongyang states categorically that any Carbon Tax proposed by the United States is in reality no more than a cynical economic mechanism to correct its trade imbalance with China. Gou argues that such a tax will wipe out the profitability of trade between those two nations, particularly in relation to electrical goods. Such an outcome would provoke a major Chinese economic downturn, with disastrous social effects, especially in heavily-industrialized cities.

Continued. . .