Chupacabra Report

-This news ..

NEW YORK (CNNMoney.com) -- Oil prices sank nearly $5 on Thursday after China said it would raise gas prices by lifting subsidies that have been blamed for driving oil prices higher. The move could curb demand from the country's rapidly growing economy.

China's National Development and Reform Commission said that prices of gasoline, diesel and aviation fuel will increase by 8% beginning Friday.

-Reminded me of this..

BEIJING (AP) - China has overtaken the United States as the world's top producer of carbon dioxide emissions - the biggest man-made contributor to global warming - based on the latest widely accepted energy consumption data, a Dutch research group says.

According to a report released Tuesday by the Netherlands Environmental Assessment Agency, China overtook the U.S. in emissions of CO2 by about 7.5 percent in 2006. While China was 2 percent below the United States in 2005, voracious coal consumption and increased cement production caused the numbers to rise rapidly, the group said.

-But on an emissions per person per year basis, it’s not even close, which is why I opened with the fat Homer in a mu-mu:

US 19.4 tons
Russia 11.8 tons
EU 8.6 tons
China 5.1 tons
India 1.8 tons

-The high price of energy will have us driving less in more efficient vehicles, and cutting energy use at home. Rising food costs will cut our consumption of meat, processed foods, and produce that has been shipped around the world and trucked across the country.

These changes will benefit our health, give us cleaner air and water, and reduce our exposure to geopolitics.

If it’s not already too late.