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ChinaâEUR(TM)s Undervalued Yuan Reason Behind Record Carbon Emissions, Study Says
Mar. 3, 2011 -- ChinaâEUR(TM)s undervalued yuan is subsidizing energy-intensive export industries that have led to record carbon dioxide emissions, negating the nationâEUR(TM)s conservation efforts, a study said. âEURoeChinaâEUR(TM)s macro-economic policies have made its economy a magnet for energy intensive and greenhouse-unfriendly industries. The country is actually reversing the gains it made in energy and emissions efficiency.âEUR >>Full story
