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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

Green Car Congress

Developing nations, China adds, should not be restrained in using economic development to raise their standards of living, even if greater emissions result. Other transaction costs include the search of partners, the drafting of contracts, legal assistance, etc. China recently surpassed the US as the world’s biggest producer of GHGs.