China on Climate Talks

EIN News says, "China Says World 'Cannot Afford' Failed Climate Talks. China, viewed as essential to the success of a new global climate accord, said the world cannot afford a failure at December's summit in Copenhagen to replace the Kyoto Protocol. (bloomberg.com)".
Whenever China and Third World countries are in agreement on anything, it is time for us to take a jaundiced look at their motivations. That goes for Russia too.
We presently use more fossil (CO2 generators) energy per capita than any other country. An arbitrary restriction on our fossil energy use, or increase in cost of using it, would do much to elevate the political and economic status of these international competitors.
Lets not give away our international economic advantage on the basis of some pie-in-the-sky theory of CO2 and global warming.