Dennis Avery: China Sends Global Warming Ransom Note

China has now destroyed Western hopes for a new global warming agreement, just weeks before global talks in Poland aimed at writing a successor for the Kyoto Protocol— which expires in 2012. China has attached a ransom not to its Polish meeting RSVP: They might go along with a new warming pact if the rich countries agree to hand over 1 percent of their GDP—about $300 billion per year—to finance the required non-fossil, higher-cost energy systems the West wants the developing countries to use.
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The 2007–08 temperature drop wasn’t predicted by the global climate models, but it had been predicted by the sunspots since 2000. Both the absent sunspots and the Pacific Decadal Oscillation now predict a 25–30-year global cooling. After that, the remaining enthusiasm for global warming agreements will presumably have vanished—without any big payoff to the Chinese government.

Meanwhile, India is about to rescue our Appalachian coal industry. India is already importing 50 million tons of coal per year, and sees our high-sulfur eastern coal as an under-priced energy resource. While New York and Philadelphia import low-sulfur coal from Wyoming’s Powder River Basin, India wants to buy not just Appalachia’s coal but the mines that produce it. They note, “It’s a buyer’s market.”