WSJ piece by always good Shai Oster.
Despite tougher government measures, pollution in China rebounds right along with the economy. There had been hopes that China turned a corner last year when emissions dropped, but thank the financial crisis for that.
Still, only the first quarterly rise in SOx emissions since 2007, so some props in order.
No surprise here: reductions took a back seat to recovery.
Remember all the Great-Depression-leading-to-World-War-III nonsense in the BS-osphere?
Well, it was worth it.