Chinese communist government run businesses buying carbon credit from the Chinese communist government so they can charge more to the dumb Americans that buy Chinese made stuff. Hilarious.
China needs to reduce the emissions of other truly harmful chemicals from coal combustion. That would entail scrubbers and better quality, more expensive coal.
A carbon trading scheme looks like nothing more than disingenuous PR for the greenies of the developed world.
And money is at the heart of our own government's advocacy of similar propaganda. There's nothing Al Gore and they would like nothing much better than to promote such corporate patriotism here, appearing as yet another line item on our power and phone bills each month.
But it will be few among us who will profit from the brokerage fees, and an extra $4 item will not be worth playing phone tag and talking to computers to complain about.
Adding insult to injury will be the little kids collecting change at Halloween, just like UNICEF.
The Chinese will find a way to adulterate a carbon credit. :^)