Reenita's Wisdom

Since China was declared the world’s largest emitter of greenhouse gases in 2006, talk in international economic circles has revolved around the wisdom behind imposing a tax on carbon heavy industry.

Marathon Oil’s CFO sees carbon taxes becoming a reality

Not that a tax will necessarily mitigate the effects of emissions but it can certainly penalize industry for contributing to a high carbon environment. However, if indeed the reality of such a tax is looming, it is still quite far. [...]

At the outset of every new year, one begins to speculate on how the days will unfold and how one’s dreams and desires will play out. In Hong Kong, people look not only at the fact that we are in January of 2010 but also that we are on the eve of a new Chinese Year of the Tiger.

2010 is the Chinese Year of the Tiger (Src: Flick.com/Digitalart)

Associated with passion, power and explosive personality, one can only begin to imagine what the Year of Tiger means for China. [...]