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If you think China and others will abide by this nonsense you might need to review how business is supported by government in China. Did you know they can expo

If you think China and others will abide by this nonsense you might need to review how business is supported by government in China. Did you know they can export products at cost and still make up to 15% on their international sales? The world is not a level playing field. Did you know it costs them darn near zero dollars to ship products within the US, while US companies have to pay full fare? The ONLY way the US and Europe could rebuild a solid industrial base lost to China is to be so pro-business it would make most of the uninformed projectile vomit. If we can do that and maintain it for 25 to 50 years we might have a shot at it. Nothing else will work. Either we are a nation of pro-business entrepreneurs to the core or we resign ourselves to living in outsourced utopia. That’s how bad it has gotten. Pick any product and try to source all of its components and manufacturing in the US or Europe. You won’t get far. In most cases it is simply impossible. If we want a solid future we need to stop vilifying business. The 65% who don’t have a clue will learn this only when it is too late to do anything about it. Perspective: We couldn’t make PPE, the materials they require and the machines we would need to make them.

Leherenn 5y ago
It seems to me China would generally be in favour of this. They're a large country with large internal consumption, and they would rather some of this money goes into their coffers than somewhere else. Generally, fiscal paradise are small countries which have little to lose by lowering taxes (to local business), and a lot to gain by attracting revenues from bigger countries. China's corporate taxes are much higher than 15%, so it's not like they would be directly affected by this. They might oppose the plan (I have no idea), but it's unlikely to be on an economical aspect of that's the case.
- robomartin 5y ago
  You need to understand the business equation of a Chinese export company in order to understand what I am talking about. Books have been written on the subject. I can't do it justice here. Let's just say things don't run like they do in the US and Europe. Not even close.
imtringued 5y ago
>The ONLY way the US and Europe could rebuild a solid industrial base lost to China is to be so pro-business it would make most of the uninformed projectile vomit. If we can do that and maintain it for 25 to 50 years we might have a shot at it. Nothing else will work. Or you just introduce CO2 tariffs and use them to wreck China in the process of building a CO2 neutral economy.
- robomartin 5y ago
  CO2 tariffs do not create jobs. The idea of a CO2 neutral economy is another utopia fantasy sold to the ignorant voters by politicians. Easy to sell. Easy to form voting groups around it. Who doesn't want to be for "saving the planet". And yet, we know, without a shadow of a doubt, that we cannot do a thing about atmospheric CO2 accumulation and the climate effects surrounding it. Not a thing. This is what we know --scientifically, not guessing here: If humanity left the planet today and all of our technology simply shut down, it would take somewhere around 50,000 and 100,000 years for atmospheric CO2 to come down 100 ppm. This leads to a very simple conclusion: If such an extreme measure produces a rate of change of 100 ppm / 100K years, a partial measure will not improve on that rate at all. So, no, a carbon neutral economy will do nothing. Neither will switching to electric cars, full solar and wind power, etc. All fantasies. Sorry. We are being lied to and we are deceiving ourselves.

Leherenn 5y ago

It seems to me China would generally be in favour of this. They're a large country with large internal consumption, and they would rather some of this money goes into their coffers than somewhere else. Generally, fiscal paradise are small countries which have little to lose by lowering taxes (to local business), and a lot to gain by attracting revenues from bigger countries. China's corporate taxes are much higher than 15%, so it's not like they would be directly affected by this. They might oppose the plan (I have no idea), but it's unlikely to be on an economical aspect of that's the case.

robomartin 5y ago
You need to understand the business equation of a Chinese export company in order to understand what I am talking about. Books have been written on the subject. I can't do it justice here. Let's just say things don't run like they do in the US and Europe. Not even close.

imtringued 5y ago

>The ONLY way the US and Europe could rebuild a solid industrial base lost to China is to be so pro-business it would make most of the uninformed projectile vomit. If we can do that and maintain it for 25 to 50 years we might have a shot at it. Nothing else will work. Or you just introduce CO2 tariffs and use them to wreck China in the process of building a CO2 neutral economy.

robomartin 5y ago
CO2 tariffs do not create jobs. The idea of a CO2 neutral economy is another utopia fantasy sold to the ignorant voters by politicians. Easy to sell. Easy to form voting groups around it. Who doesn't want to be for "saving the planet". And yet, we know, without a shadow of a doubt, that we cannot do a thing about atmospheric CO2 accumulation and the climate effects surrounding it. Not a thing. This is what we know --scientifically, not guessing here: If humanity left the planet today and all of our technology simply shut down, it would take somewhere around 50,000 and 100,000 years for atmospheric CO2 to come down 100 ppm. This leads to a very simple conclusion: If such an extreme measure produces a rate of change of 100 ppm / 100K years, a partial measure will not improve on that rate at all. So, no, a carbon neutral economy will do nothing. Neither will switching to electric cars, full solar and wind power, etc. All fantasies. Sorry. We are being lied to and we are deceiving ourselves.