I say the environment actions should be applied to companies instead of countries.
As China becomes the world factory, it might not be fair to place a limited quota on China, especially as we all know that developed countries intentionally moved major highly polluting industries to China, taking advantages of cheap labor, land, and loose environmental control.
For example, when Apple wants to sell an Iphone, they need to purchase the quota for the pollution it creates regardless whether the parts/chips are made in Korea, Singapore, US or assembly in China.
I say the environment actions should be applied to companies instead of countries. As China becomes the world factory, it might not be fair to place a limited quota on China, especially as we all know that developed countries intentionally moved major highly polluting industries to China, taking advantages of cheap labor, land, and loose environmental control. For example, when Apple wants to sell an Iphone, they need to purchase the quota for the pollution it creates regardless whether the parts/chips are made in Korea, Singapore, US or assembly in China.