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Fri 25 Jan, 2008 01:20 am
Moreover, Chinese adoption of carbon caps would apply to the whole economy and would be much more costly for China; an American carbon consumption permit system would shield the Chinese domestic sector.
How should I interpret the meaning of "shield" in the above context?
It sounds like they're saying that some proposed American cap-and-trade system wouldn't impose the heavy costs on the Chinese domestic economy that the proposed Chinese system would, i.e would shield it from high expenses. I have no idea whether any of that is actually true or not, but that's probably what your sentence is saying. It might actually be true, since as far as I know there is NO American system in effect now, since George Bush has pig-headedly blocked just about any effort to counteract global change, so following our system isn't going to impose any costs on China, since we don't really have a system. If China is actually doing something about carbon emissions, more power to them'
Re: Meaning of "shield" ...
fansy wrote:Moreover, Chinese adoption of carbon caps would apply to the whole economy and would be much more costly for China; an American carbon consumption permit system would shield the Chinese domestic sector.
How should I interpret the meaning of "shield" in the above context?
Protect.
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