{"id":645189,"date":"2013-03-04T13:00:30","date_gmt":"2013-03-04T18:00:30","guid":{"rendered":"http:\/\/serkadis.com\/index\/?guid=41d71bb597346b296a5c8eb95fc74034"},"modified":"2013-03-01T15:36:47","modified_gmt":"2013-03-01T20:36:47","slug":"the-fallacy-of-the-china-defense","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/645189","title":{"rendered":"The Fallacy of the &quot;China Defense&quot;"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/static2.hbr.org\/winston\/flatmm\/hed\/20130305_2.jpg\" class=\"pageFeatureImage\" alt=\"\" \/><\/p>\n<p>For anyone who doesn&#8217;t want to reduce carbon emissions, China seems like a great scapegoat. The defenders of the status quo argue that U.S. companies will be at a disadvantage if we tax carbon or invest in clean energy because &#8220;China&#8217;s not doing anything.&#8221; <\/p>\n<p>U.S. Senator Marco Rubio recently <a href=\"http:\/\/www.huffingtonpost.com\/2013\/02\/13\/marco-rubio-climate-change_n_2679810.html\">offered up a perfect example of this idea<\/a>: &#8220;There are other countries that are polluting in the atmosphere much greater than we are &#8212; China, India, all these countries that are still growing. They&#8217;re not going to stop doing what they&#8217;re doing.&#8221;<\/p>\n<p>But there are three little problems with this logic:<\/p>\n<p><strong>1) It&#8217;s not true.<\/strong><\/p>\n<p>China recently demolished this fallacy when leaders <a href=\"http:\/\/news.xinhuanet.com\/english\/china\/2013-02\/19\/c_132178898.htm\">announced they would implement a carbon tax<\/a>. This policy shift is a very big deal for all 7 billion of us sharing the climate.  And it&#8217;s just the latest in a series of Chinese commitments, which include the following:<\/p>\n<ul>\n<li>July 2010: <a href=\"http:\/\/english.peopledaily.com.cn\/90001\/90778\/90862\/7076933.html\">5 trillion yuan<\/a>, or $800 billion, alternative energy plan over 10 years (this is like the part of the U.S. stimulus plan that funded clean tech, but times 10).<\/li>\n<\/ul>\n<ul>\n<li>August 2012: <a href=\"http:\/\/www.greenbiz.com\/news\/2012\/08\/27\/china-invests-billions-cut-pollution\">$372 billion<\/a> to cut pollution and energy use.<\/li>\n<\/ul>\n<ul>\n<li>August 2012: <a href=\"http:\/\/www.businessgreen.com\/bg\/news\/2197892\/china-confirms-40-per-cent-increase-to-solar-target\">40% increase<\/a> in solar target (21 gigawatts by 2015).<\/li>\n<\/ul>\n<ul>\n<li>January 2013: Wind power is now the <a href=\"http:\/\/english.peopledaily.com.cn\/90778\/8109836.html\">number 3 source of energy in China<\/a> (passing nuclear).<\/li>\n<\/ul>\n<p>Is China still growing and emitting more carbon? Of course.  Is it planning to build another <a href=\"http:\/\/www.guardian.co.uk\/environment\/2012\/nov\/20\/coal-plants-world-resources-institute\">363 coal plants<\/a>? Yes.  So the world is not black and white.  But even with lots of coal and oil investment, there&#8217;s no way you can say China is doing nothing on clean tech.<\/p>\n<p><strong>2) Science doesn&#8217;t care.<\/strong><\/p>\n<p>The <a href=\"http:\/\/blogs.hbr.org\/winston\/2012\/11\/the-triumph-and-challenge-of-c.html\">math and physics of climate change<\/a> are getting clearer by the day.  As those tree-huggers at <a href=\"http:\/\/www.mckinsey.com\/Insights\/MGI\/Research\/Natural_Resources\/The_carbon_productivity_challenge\">McKinsey<\/a> and PwC UK have calculated, we need to decarbonize at a rapid rate &#8212; about <a href=\"http:\/\/www.pwc.com\/gx\/en\/sustainability\/publications\/low-carbon-economy-index\/index.jhtml\">5 percent less carbon per dollar of GDP<\/a> every year until 2050.  This has to happen no matter who goes &#8220;first,&#8221; and is basically the argument <a href=\"http:\/\/grist.org\/climate-energy\/the-unsophisticated-reply-to-the-sophisticated-objection\/\">put forth by <em>Grist<\/em> writer David Roberts recently<\/a>.  We have to try, no matter what anyone else is doing.  And, by the way, the impacts of doing nothing will keep growing &#8212; Hurricane Sandy and the ongoing drought in the Midwest are just the beginning.  The costs of inaction are rising, which brings me to&#8230;<\/p>\n<p><strong>3) We should want to go clean anyway. <\/strong><\/p>\n<p>One of Sen. Rubio&#8217;s other comments, the most common specious argument against acting on climate change, was that restricting carbon would &#8220;devastate&#8221; the economy.  This is, to borrow a phrase, malarkey.<\/p>\n<p>Even putting aside the literally <a href=\"http:\/\/www.triplepundit.com\/2011\/11\/reinventing-fire-cuts-carbon-82-saving-5-trillion\/\">trillions available through energy efficiency<\/a>, there&#8217;s a vast upside from creating new industries.  According to the bank HSBC, the clean economy will be a <a href=\"http:\/\/www.bloomberg.com\/news\/2010-09-06\/hsbc-sees-market-for-low-carbon-energy-tripling-to-2-2-trillion-by-2020.html\">multi-trillion dollar market soon<\/a>. After all, we&#8217;re reinventing the world&#8217;s largest industries: energy, transportation, and buildings.  Most other major economies get this and are investing heavily in the clean economy.  But no country has gone as fast as China, which has <a href=\"http:\/\/english.caixin.com\/2012-02-07\/100354090.html\">grown its share of solar manufacturing to 50% <\/a>in a <a href=\"http:\/\/online.wsj.com\/article\/SB10000872396390443589304577637333545350176.html\">very short time<\/a> (with nearly as impressive a performance in wind).<\/p>\n<p>I could keep going with counterarguments &#8212; like shouldn&#8217;t we lead because we&#8217;re, well, leaders?  But even if science doesn&#8217;t care and the whole &#8220;China isn&#8217;t doing it&#8221; argument is a lie, I&#8217;m partial to number 3: <em>We make money doing it and it&#8217;s good for us.<\/em> That&#8217;s enough for me.<\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.harvardbusiness.org\/~ff\/harvardbusiness?a=DbTtfDyR77c:GMc19L9SAOk:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/harvardbusiness?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.harvardbusiness.org\/~ff\/harvardbusiness?a=DbTtfDyR77c:GMc19L9SAOk:bcOpcFrp8Mo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/harvardbusiness?d=bcOpcFrp8Mo\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/harvardbusiness\/~4\/DbTtfDyR77c\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For anyone who doesn&#8217;t want to reduce carbon emissions, China seems like a great scapegoat. The defenders of the status quo argue that U.S. companies will be at a disadvantage if we tax carbon or invest in clean energy because &#8220;China&#8217;s not doing anything.&#8221; U.S. Senator Marco Rubio recently offered up a perfect example of [&hellip;]<\/p>\n","protected":false},"author":7637,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-645189","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/645189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7637"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=645189"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/645189\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=645189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=645189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=645189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}