China, Economic Growth and ‘Green Jobs’
by Christopher C. HornerThe news about China overtaking Japan as the world’s second-largest economy is actually quite relevant to the US climate and energy policy debate, which promises to continue despite the scientific scandal and evaporation of political will to associate with a “global warming” or cap-and-trade legislation.

Thanks to a poll by Stanley Greenberg, the measure has been re-branded as “green economy” and “clean energy”. But whatever you call it, and lame duck or otherwise, this latest excuse for central planning will be with us until it is unavoidably tied to serious political costs, like its forerunner the 1993 BTU energy tax, which according to Al Gore in a 2006 interview with the Financial Times led to the Democrat’s loss of Congress. Instructively, that experience originally prompted the re-branding to cap-and-trade.
Now, about the relatively fading Japan, it is important to note that although it has been a persistent economic basket case, it nonetheless serves as one of President Obama’s models for stimulating an economy with “renewable energy” mandates (as we’ve documented in this space on numerous occasions, he’s not always the best-informed about these matters).
China’s relevance to our current policy debate is in part due to the ritual “but, China’s doing it…” line of — for lack of a better word — “argument” for why the US should impose all manner of global warming policies on itself. That deserves scrutiny.






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