Nevertheless, there is one point I cannot agree with: China. You argue that there is no need for any side- payments, since China has become a Global Player. China indeed has a strong economy in absolute terms, but it remains a developing country. The income per capita is less than one sixth of that of an average US-American. Furthermore, China’s economic (especially employment) stability seems to be fully dependent on high growth rates – not achievable without fossil fuels. Therefore there is a need for some kind of transfers from developed countries to China.