China: We want to *receive* climate swindle cash, not *cough up* climate swindle cash

China commentary slams EU airline CO2 scheme | Eco-Business

“In the name of dealing with climate change, the EU’s approach will generate enormous financial benefits at the expense of the rest of the world, including developing countries,” it said in an English-language commentary .

“Studies show that the extra costs of the EU’s plan will amount to $1.6 billion dollars in the first year alone. The direction of the cash flow is contrary to the spirit of the agreements reached at the UN Cancun climate change conference last year.”