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The US and Europe are saying, we want you, China, to contribute to this new climate finance goal. We think you've come a long way since the first UN climate treaty was signed in 1992. China's economy has grown by, you know, with multiples and multiples. They are now the biggest manufacturer of all kinds of renewable technologies. They are the unquestioned leader in all of that.
The US and Europe are saying, we want you, China, to contribute to this new climate finance goal. We think you've come a long way since the first UN climate treaty was signed in 1992. China's economy has grown by, you know, with multiples and multiples. They are now the biggest manufacturer of all kinds of renewable technologies. They are the unquestioned leader in all of that.
The US and Europe are saying, we want you, China, to contribute to this new climate finance goal. We think you've come a long way since the first UN climate treaty was signed in 1992. China's economy has grown by, you know, with multiples and multiples. They are now the biggest manufacturer of all kinds of renewable technologies. They are the unquestioned leader in all of that.
China, you should also be providing some money through the UN climate system.
China, you should also be providing some money through the UN climate system.
China, you should also be providing some money through the UN climate system.
Well, I'm expecting to see the Europeans and the US and Australia and Japan make that argument. Say, China, it's time for you to contribute to some extent. China is going to resist that. And I think the big question is, are the U.S. and China going to get together for some kind of powwow that seals the deal?
Well, I'm expecting to see the Europeans and the US and Australia and Japan make that argument. Say, China, it's time for you to contribute to some extent. China is going to resist that. And I think the big question is, are the U.S. and China going to get together for some kind of powwow that seals the deal?
Well, I'm expecting to see the Europeans and the US and Australia and Japan make that argument. Say, China, it's time for you to contribute to some extent. China is going to resist that. And I think the big question is, are the U.S. and China going to get together for some kind of powwow that seals the deal?
Well, I think there's an ideological reason behind it. The division in the UN climate world is between developing and developed. And China and sort of the underscore there, the background is between the West and the third world or the developing world or the global South, however you want to call it. It's kind of an ideological divide.
Well, I think there's an ideological reason behind it. The division in the UN climate world is between developing and developed. And China and sort of the underscore there, the background is between the West and the third world or the developing world or the global South, however you want to call it. It's kind of an ideological divide.
Well, I think there's an ideological reason behind it. The division in the UN climate world is between developing and developed. And China and sort of the underscore there, the background is between the West and the third world or the developing world or the global South, however you want to call it. It's kind of an ideological divide.
China doesn't see itself, doesn't want to be seen as a Western country. It's a communist country. It has solidarity with other developing countries. It does hold itself up as a leader of that block of the developing countries. So I think China's leadership, they don't want to redefine themselves in that way.
China doesn't see itself, doesn't want to be seen as a Western country. It's a communist country. It has solidarity with other developing countries. It does hold itself up as a leader of that block of the developing countries. So I think China's leadership, they don't want to redefine themselves in that way.
China doesn't see itself, doesn't want to be seen as a Western country. It's a communist country. It has solidarity with other developing countries. It does hold itself up as a leader of that block of the developing countries. So I think China's leadership, they don't want to redefine themselves in that way.
Well, it's possible we're at an inflection point. It's possible that China's emissions have already peaked, which would be a huge victory in terms of the fight against climate change. It would send a really important signal to the rest of the world that this problem is manageable.
Well, it's possible we're at an inflection point. It's possible that China's emissions have already peaked, which would be a huge victory in terms of the fight against climate change. It would send a really important signal to the rest of the world that this problem is manageable.
Well, it's possible we're at an inflection point. It's possible that China's emissions have already peaked, which would be a huge victory in terms of the fight against climate change. It would send a really important signal to the rest of the world that this problem is manageable.
You've really got a lot of investment happening and all kinds of new technologies and solar and wind and clean hydrogen that are coming online online. The rest of the world is buying into it to a large extent. The progress is not fast enough, but it is happening.
You've really got a lot of investment happening and all kinds of new technologies and solar and wind and clean hydrogen that are coming online online. The rest of the world is buying into it to a large extent. The progress is not fast enough, but it is happening.