China gets it: The future belongs to low carbon industries

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The international fight on climate change is a contest for economic development space, Chinaโ€™s chief climate negotiator Xie Zhenhua said recently.

Xie, who is also Chinaโ€™s vice-minister for the National Development and Reform commission, said:

โ€œCountries with low-carbon industries will have a developmental advantage. Some people believe this is a global competition as significant as the space race in the cold war. โ€œ

This, woefully, is a message lost on Canadian Prime Minister Stephen Harper, who is fighting to keep Canada โ€œan emerging energy superpowerโ€ devoted to one of the most carbon-intensive energy industries on earth.

Hmmm? I wonder whoโ€™s going to come out ahead here?

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