Australia ‘Getting Left Behind’ in Tackling Climate, Swan Says - Businessweek

March 7 (Bloomberg) -- Australia risks falling behind countries such as China in reducing greenhouse gas pollution without a price on emissions that will ensure the “health and prosperity” of the economy, Treasurer Wayne Swan said.

“The Chinese are taking dramatic action to reduce their emissions through a variety of mechanisms,” Swan said yesterday on Australia’s Channel Nine television. “It’s not true to say other countries are not moving. We are getting left behind.”

Is The Next Big Climate Change Solution Just Vaporware? - The CSR Blog - corporate social responsibility - Forbes

Given the fact that China has been building anywhere from one to three coal power plants per week for the last several years – none of which are CCS-ready – the vaporware label seems pretty fitting.