China

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British Steel, an icon of the industrial heritage of the very nation that initiated the Industrial Revolution is on the brink of collapse. Its decline since the 1970s has been precipitous and it is now facing the closure of its last plant in Scunthorpe. Carbon taxes have been squarely blamed for driving up costs that…

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A common refrain among those who oppose action on climate change is something along the lines of “Why should we take action? It won’t matter what we do, if China doesn’t do anything.” There is a superficial logic to this statement, but it lacks a proper understanding of the root causes of many global emissions…